Washington § 48.38.030 - Charitable annuity contract or policy form — Contents.

Full text of Washington Revised Code of Washington § 48.38.030 — Charitable annuity contract or policy form — Contents., with citation guidance and answers to common questions.

§ 48.38.030. Charitable annuity contract or policy form — Contents.

Each charitable annuity contract or policy form must include the following information:
(1) The value of the property to be transferred;
(2) The amount of the annuity to be paid to the transferor or the transferor's nominee;
(3) The manner in which and the intervals at which payment is to be made;
(4) The age of the person during whose life payment is to be made; and
(5) The reasonable value as of the date of the agreement of the benefits created. This value may not exceed by more than fifteen percent the net single premium for the benefits, determined according to the standard of valuation set forth in RCW 48.38.020(3).
[ 2005 c 223 s 24; 1979 c 130 s 8.]

Notes

Severability—1979 c 130: See note following RCW 28B.10.485.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 48.38.030

What does Revised Code of Washington § 48.38.030 cover?

Section 48.38.030 ("Charitable annuity contract or policy form — Contents.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 48.38.030?

A common citation format is "Revised Code of Washington § 48.38.030" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.38.030 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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