Arkansas Charitable Gift Annuity Registration

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Charities are required to meet prerequisites and follow regulations before using charitable annuities for fundraising. This guide contains information about charitable gift annuities in Arkansas.

Arkansas Charitable Gift Annuity Registration

Agency:Arkansas Department of Insurance - Division of Finance
Law:

AR Code § 23-63-201

Foreign Qualification is Prerequisite:Not Set
Organization Age Requirement:

5 years of continuous existence immediately preceeding licensure.

Audit Requirements:

Audited financial statements are required with the annual permit renewal.

Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Initial Registration

Form:

Application for Charitable Annuity Permit

Agency Fee:

$0

Notarize:Required
Notes:

Charities must authorize the creation of the annuity fund by board resolution and must create a segregated reserve fund to qualify for issuance of charitable gift annuities.

Registration Renewal

Form:

Annual Permit Renewal

Agency Fee:

$0

Due:

Annually within 180 days of the organization's fiscal year end.

Revised June 13, 2021. Complete data last reviewed December 04, 2017.
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