LD 1691
pg. 9
Page 8 of 13 An Act To Strengthen the Charitable Solicitations Act Page 10 of 13
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LR 2487
Item 1

 
(5)__The total dollar amount remitted to the charitable
organization from each fund-raising campaign and for
the year;

 
(6)__The total dollar amount retained by the
professional solicitor from each fund-raising campaign
and for the year;

 
(7)__The total dollar amount received by the
professional fund-raising counsel from each fund-
raising campaign and for the year; and

 
(8)__The total dollar amount remitted by the commercial
co-venturer from each fund-raising campaign and for the
year.

 
B.__Failure to file the annual fund-raising activity report
or disagreement between that report and the report submitted
by the charitable organization with which the professional
solicitor, professional fund-raising counsel or commercial
co-venturer has contracted may result in disciplinary action
as provided under Title 10, section 8003, subsection 5.

 
C.__Contracting with an unregistered entity is prohibited
and may result in disciplinary action as provided under
Title 10, section 8003, subsection 5.

 
4. Exemption. This section does not apply to a national
bank, a federal savings bank, a subsidiary of a national bank or
federal savings bank or any other financial institution or credit
union chartered under the laws of the United States or any state
and subject to supervision and regulation by a federal financial
regulatory agency.

 
Sec. 13. 9 MRSA §5009, sub-§1, as enacted by PL 1999, c. 386, Pt. A,
§17, is amended to read:

 
1. Contracts to be filed. All contracts entered into between
a professional fund-raising counsel, a professional solicitor, a
professional fund-raising counsel or a commercial co-venturer and
any charitable organization, whether or not the organization is
exempted under section 5006, must be in writing, and a true and
correct copy of each contract must be filed by the professional
fund-raising counsel, professional solicitor, professional fund-
raising counsel or commercial co-venturer who is a party to the
contract with the office before services are performed under the
contract. The contract must contain the following provisions:


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