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Georgia

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.
Director
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
Phone: 404.463.2825
Fax: 770.359.4789

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