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
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