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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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BUSINESS REGULATION |
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TITLE 6. CHARITABLE ORGANIZATIONS AND CHARITABLE REPRESENTATIVES |
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SUBTITLE 4. CHARITABLE ORGANIZATIONS |
§ 6-413. Exemption from submission requirement
Latest version.
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The Secretary of State may exempt from the requirement of a registration statement or annual report a charitable organization that:
(1) is organized under the laws of another state that has a statute substantially similar to this title;
(2) has been exempted from the submission of a registration statement by that other state;
(3) has its principal place of business outside this State; and
(4) gets its money principally from sources outside this State.