LD 1691
pg. 2
Page 1 of 13 PUBLIC Law Chapter 541 Page 3 of 13
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LR 2487
Item 1

 
regularly and primarily engaged in trade or commerce in this State,
other than in connection with the raising of funds for charitable
organizations or purposes, and who conducts, promotes, underwrites,
arranges or sponsors a sale, performance, event or collection or
and sale of donated goods or event of any kind that is advertised
in conjunction with the name of any charitable organization. Any
such person who will benefit in good will only may not be
considered a commercial co-venturer if the collection and
distribution of the proceeds of the sale, performance or event, or
the collection and sale of donated goods, are supervised and
controlled by the benefiting charitable organization.

 
Sec. 3. 9 MRSA §5003, sub-§4-B is enacted to read:

 
4-B.__Department.__"Department" means the Department of
Professional and Financial Regulation.

 
Sec. 4. 9 MRSA §5003, sub-§9, as amended by PL 1977, c. 654, §1, is
further amended to read:

 
9. Professional fund-raising counsel. "Professional fund-
raising counsel" means any person who, for a flat fixed fee under
a written agreement or for a fee computed under a written
agreement on the basis of funds actually raised or to be raised,
or for any financial consideration of any kind or amount, plans,
conducts, manages, carries on, advises or acts as a consultant,
whether directly or indirectly, in connection with soliciting
contributions for or on behalf of any charitable organization is
retained, for compensation, by a charitable organization to plan,
manage, advise or provide consultation services with respect to
the solicitation in this State of contributions, but who does not
solicit contributions, has neither custody nor control of
contributions and does not directly or indirectly employ, procure
or engage any person compensated to solicit contributions. A
bona fide salaried officer or employee of a charitable
organization, including an employee of a parent organization,
shall not be deemed to be a professional fund-raising counsel
unless that person's salary or other compensation is computed on
the basis of funds to be raised or actually raised or the
services performed by the person are performed on behalf of some
organization other than the one which employs that person or a
chapter, branch or affiliate thereof nontemporary salaried
officer or employee of a charitable organization is not
considered to be a professional fund-raising counsel. No An
attorney, investment counselor or banker who advises any person
to make a contribution to a charitable organization shall be
deemed is not, as the result of such advice, to be a professional
fund-raising counsel.


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