Degree of Regulation
Under Official Code of Georgia Annotated Sections 33-58-1 to 33-58-6, charitable gift annuities are exempt from regulation as an insurance company.
- 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 - $300,000 in unrestricted cash, cash equivalents or publicly traded securities, not counting the annuity gift.
- submit an annual filing to the state
Links to State Regulations Pages
Insurance Department Contact Information
Courtney L. Faust, Esq.
Captive Insurance Division
Agent Licensing Division
Limited-Risk Entities Division
Office of Insurance and Safety Fire Commissioner
State of Georgia
2 Martin Luther King Jr. Drive
Suite 707, West Tower
Atlanta, Georgia 30334