Virginia 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 Virginia.
Virginia Charitable Gift Annuity Registration
Not required
Charitable Gift Annuity licensure is not required on the State level in Virginia.
No filing is required, but charities need to meet certain conditions before issuing charitable gift annuities. Organizations described by section 501(c)(3) or section 170(c) of the internal revenue code are exempt from insurance regulation related to charitable gift annuities as long as they meet the qualifying conditions.
| Law: | VA Code § 38.2-106.1 and VA Code § 38.2-3113.2 |
