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
Gift annuities are regulated under State of Iowa Laws Section 508F.1 through 508F.8.
- Years of operation - three years continuous operation (or be the successor or affiliate of an organization in operation for that period of time)
- Minimum assets - the lesser of $300,000 or five times the face value of total outstanding gift annuities in unrestricted cash, cash equivalents or publicly traded securities, not including the gift annuity funding assets
Links to State Regulations Pages
Insurance Department Contact Information
James Thornton or Wayne Lecher
Product and Producer Regulation
Iowa Insurance Division
330 Maple Street
Des Moines, IA 50319-0065
Voice: (515) 281-4271
Fax: (515) 281-3059