615.05(1)

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(1) All requirements of the law have been met; and

615.05(2)

(2) The commissioner is satisfied that the corporation is in a position properly to negotiate, execute and safeguard such annuity contracts.

615.05

615.05 Issuance of certificate of authority to issue gift annuities. The commissioner shall issue a certificate applied for under § 615.04 if: