North 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 North Dakota.
North Dakota Certificate of Exemption to Issue Gift Annuities
| Agency: | North Dakota Insurance Department |
| Law: | ND Century Code § 26.1-34.1 et seq. |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Form: | Form SFN 17914: Application for Certification of Exemption to Issue Gift Annuities |
| Agency Fee: | $100 |
| Notarize: | Required |
| Notes: | Charities should submit the application, agent of process attachment, segregated account attachment, statements reflecting financial and other conditions of the organization, proof of tax exemption, and samples of the charitable annuity contracts to apply. |
Renewal Not Required
Not required
The certificate of exemption does not expire, but financial statements must be submitted annually.
Financial Reporting
| Filing Method: | Email financial statements to colicexam@nd.gov with the subject line of "Gift Annuity Financial Statement". |
| Agency Fee: | $0 |
| Due: | Audited (or unaudited if audited are unavailable) financial statements are due annually within 15 days of their preparation. |
