TITLE 5
Businesses and Professions
CHAPTER 5-53.1
Solicitation by Charitable Organizations
SECTION 5-53.1-8
§ 5-53.1-8 Professional fund raisers and
fund raising counsel.
(a) No person shall act, operate or transact business as a professional fund
raiser or fund raising counsel in this state before he, she or it has
registered with the director or after the expiration or cancellation of such
registration. Applications for registration and re-registration shall be in
writing, under oath and penalty of perjury, in the form prescribed by the
director and shall be accompanied by an annual fee in the sum of two hundred
forty dollars ($240). A professional fund raiser who has access or the ability
to access or control funds that are being solicited shall at the time of making
application for registration or re-registration, file with, and have approved
by, the director a bond. In the bond, the filer shall be the principal obligor,
in the sum of ten thousand dollars ($10,000), with one or more sureties whose
liability in the aggregate as sureties will at least equal that sum. The bond
which may be in the form of a rider to a larger blanket liability bond shall
run to the director for the use of the state and to any person who may have a
cause of action against the obligor of the bond for any malfeasance or
misfeasance in the conduct of the solicitation. Registration or re-registration
when effected shall be for a period of one year, or a part thereof, expiring on
the thirtieth (30th) day of June. An application for re-registration shall be
filed no more than thirty (30) days prior to the expiration of the
registration. Applications for registration and re-registration and bonds when
filed with the director, shall become public records in the office of the
director. If there is any material change in the information provided in any
application for registration and re-registration, the applicant or registrant
shall notify the director, in writing, within twenty (20) days of the change.
(b) A professional fund raiser and fund raising counsel shall
maintain accurate and current books and records of all activities while
required to be registered under subsection (a) of this section; and, until at
least three (3) years shall have elapsed after the end of the effective period
of the registration to which they relate, the books and records shall be
maintained in an office available for inspection and examination by the
director; provided, that any books and records obtained by the director shall
not be available to the public for inspection. The professional fund raiser or
fund raising counsel shall not be required to make available to the director
the names and addresses of members and donors, except with their consent or the
consent of the organization or through legal process where good cause has been
shown by the director to question compliance with this chapter and access to
the information is necessary to determine compliance. Nothing contained in this
section shall be construed to limit an organization's ability to challenge the
process on constitutional grounds.
History of Section.
(P.L. 1999, ch. 152, § 2; P.L. 2009, ch. 68, art. 12, § 4.)