### Question
What does reportable acquisition mean?


### Answer
**Reportable acquisition** has the following meaning in *26 U.S.C. § 6050V*:

> the acquisition by an applicable exempt organization of a direct or indirect interest in any applicable insurance contract in any case in which such acquisition is a part of a structured transaction involving a pool of such contracts

#### Citation:
  - *26 U.S.C. § 6050V*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 61-INFORMATION AND RETURNS > Subchapter A-Returns and Records > PART III-INFORMATION RETURNS > Subpart B-Information Concerning Transactions With Other Persons**

