El Comisionado podrá, a su discreción, expedir una licencia especial a organizaciones caritativas para concertar contratos de rentas vitalicias, conocidos como anualidades, con donantes en Puerto Rico. La licencia autorizará a la organización caritativa a recibir donaciones en efectivo o propiedades condicionadas a, o a cambio de, un acuerdo a pagar una renta vitalicia, o anualidad, al donante, o a la persona nombrada por el donante, y a emitir y realizar tal contrato de anualidad. Deberá, además, someter prueba de que ha sido debidamente registrada en el Departamento de Estado de Puerto Rico.
Ninguna organización caritativa podrá hacer o emitir un contrato de anualidad en Puerto Rico antes de obtener una licencia especial expedida de acuerdo con las disposiciones de este Código.
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