South Dakota 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 Dakota.
South Dakota Charitable Gift Annuity Registration
Not required
Charitable Gift Annuity licensure is not required on the State level in South Dakota.
No filing is required, but charities need to be registered or foreign qualified with the secretary of state and meet certain conditions before issuing charitable gift annuities. South Dakota exempts 501(c)(3) charitable organizations as well as qualifying educational institutions from insurance regulation related to charitable gift annuities.
Law: | SD Code § 58-1-16 |