§ 6-505. Charitable contributions to be deposited into bank account

Latest version.

(a) Professional solicitor to deposit charitable contributions. -- A professional solicitor shall deposit each charitable contribution that the professional solicitor receives into a bank account established by the charitable organization.

(b) Withdrawals prohibited. -- A professional solicitor may not be authorized to withdraw money from the bank account of the charitable organization.

HISTORY: An. Code 1957, art. 41, § 3-207; 1992, ch. 4, § 2.

                    
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