SOUTH CAROLINA
Regulation of Charitable Gift Annuities
Last Revised on October 2, 2009.
Degree of Regulation:
Issuance of charitable gift annuities is regulated under Section 38-5-20 of the Code of Laws of South Carolina.
In order to issue gift annuities in the state, a charity must meet the following regulatory requirement:
- have been in active operation for at least five years
Actions Required for Exemption:
No filing with a state agency is required.
Disclosure and Agreement Content Requirements:
None
Reserve Requirements:
None
Annual Reporting:
None
Compliance/Enforcement:
None specifically stated.
Links to State Regulations Pages:
