(a) A charitable organization may solicit charitable contributions or spend them only for a charitable purpose that is stated in its registration statement and most recent annual report.
(b) On the request of a donor, a charitable organization shall provide the donor with a statement of the programs and uses for which the funds are requested.
(c) A charitable organization shall establish and exercise controls over fund-raising activities conducted for its benefit, by itself or by a professional solicitor or fund-raising counsel.
(d) A charitable organization may not misrepresent the purpose for which funds are solicited.
Credits
Added by Acts 1992, c. 4, § 2. Amended by Acts 1992, c. 125, §§ 1, 2.
Formerly Art. 41, § 3-205.
MD Code, Business Regulation, § 6-416, MD BUS REG § 6-416
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
