§ 162.13. Limitation on activities of charitable organizations; disclosure requirements
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 10 P.S. Charities and Welfare
10 P.S. § 162.13
§ 162.13. Limitation on activities of charitable organizations; disclosure requirements
(a) Solicitation limitation.--A charitable organization may only solicit contributions for the charitable purpose expressed in solicitation for contributions or the registration statement of the charitable organization and may only apply contributions in a manner substantially consistent with that purpose.
(1) Its legal name as registered with the department and location and, if different, the legal name and address of the charitable organization as registered with the department on whose behalf the solicitation is being conducted. Any use of a project or program name in a solicitation must be immediately followed by a disclosure of the legal name of the charitable organization as registered.
(4) If requested, the source from which a financial statement may be obtained. Such financial statement shall be consistent with the annual financial report requested under section 5 and shall disclose assets, liabilities, fund balances, revenue and expenses for the preceding fiscal year. Expenses shall be separated into program services, administrative costs and fundraising costs.
The official registration and financial information of (insert the legal name of the charity as registered with the department) may be obtained from the Pennsylvania Department of State by calling toll free, within Pennsylvania, 1 (800) 000-0000. Registration does not imply endorsement.
(h) Deposit of contributions.--Each contribution in the control or custody of the professional solicitor shall in its entirety and within five days of its receipt be deposited, maintained and administered in an account at a bank or other Federally insured financial institution which shall be in the name of the charitable organization and over which that charitable organization shall have sole control of all withdrawals.
Credits
1990, Dec. 19, P.L. 1200, No. 202, § 13. Amended 1992, July 9, P.L. 436, No. 92, § 6.
10 P.S. § 162.13, PA ST 10 P.S. § 162.13
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
End of Document |