NOTE: While every effort is made to provide accurate data, neither any persons named in these pages nor the American Council on Gift Annuities guarantees the accuracy of the data presented here. The user of this information is solely responsible for determining and verifying the accuracy of the data presented here and how it is used by the reader. This information is provided solely as a resource. This information is supplied by the ACGA State Regulations Committee.
Degree of Regulation
Issuance of charitable gift annuities is regulated under Tennessee Code Annotated, Sections 56-52-101 through 56-52-111.
In order to issue gift annuities in the state, a charity must meet the following regulatory requirements:
- obtain a certificate of authority from the Tennessee Insurance Department
- maintain gift annuity reserves, invested in accordance with the prudent investor standard
- submit an annual filing to the state
Links to State Regulations Pages
Insurance Department Contact Information
James C. Ayers, CPA
Insurance Tax & Licensing Manager
Tennessee Insurance Division
Davy Crockett Tower, 7th Floor
500 James Robertson Parkway
Nashville, TN 37243