WVC 33 - 13 B- 5
§33-13B-5. Failure to provide required notice; penalties.
Any person who violates any provision of section three or four
of this article may, after notice and hearing pursuant to section
thirteen, article two of this chapter, be fined by the commissioner
a sum not to exceed one thousand dollars per qualified charitable
gift annuity agreement issued: Provided,
That the failure of a
charitable organization to comply with the notice requirements
imposed under section three or four of this article does not
prevent a charitable gift annuity that otherwise meets the
requirements of this article from constituting a qualified
charitable gift annuity.
Note: WV Code updated with legislation passed through the 2015 Regular Session
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