Arkansas Charitable Gift Annuity Registration

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Filling out a form on donation property

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

Organization Age Requirement:

5 years of continuous existence immediately preceeding licensure.

Audit Requirements:

Audited financial statements are required with the annual permit renewal.

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.

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