South Carolina Charitable Gift Annuity Registration
Charities are required to meet prerequisites and follow regulations before using charitable annuities for fundraising. This guide contains information about charitable gift annuities in South Carolina.
South Carolina Charitable Gift Annuity Registration
Not required
Charitable Gift Annuity licensure is not required on the State level in South Carolina.
No filing is required, but charities need to meet certain conditions before issuing charitable gift annuities. South Carolina exempts charitable, religious, benevolent, and educational organizations from insurance laws related to charitable gift annuities as long as they have been in existence for at least 5 years. For-profit entities, including nursing homes, are not exempt.
| Law: | SC Code § 38-5-20 |
