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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 |
§ 6-416. Restrictions on soliciting and spending money
Latest version.
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(a) In general. -- 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) Donor request. -- 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) Controls over fund-raising activities. -- 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) Misrepresentation prohibited. -- A charitable organization may not misrepresent the purpose for which funds are solicited.