Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 01. Executive Department |
Subtitle 02. SECRETARY OF STATE |
Chapter 01.02.04. Charitable Organizations: Substantive Regulations |
Sec. 01.02.04.20. Professional Solicitors' and Fund-Raising Counsel's Contracts
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A. The Secretary of State shall make a determination that a contract between a professional solicitor or fund-raising counsel and a charitable organization does or does not comply with Maryland law within 30 days of the filing of the contract with the Secretary of State. Upon notification that a contract does not comply with the Maryland law, a new contract or contract addendum addressing the provisions not in compliance shall be executed and filed with the Secretary of State.
B. An application to register as a professional solicitor or fund-raising counsel shall be accompanied by a sample copy of the contract into which the professional solicitor or fund-raising counsel intends to enter with charitable organizations. The sample copy shall be completed to the extent necessary to disclose compensation and otherwise comply with Maryland law.