Current through the 2024 Fourth Special Session
Section 13-22-24 - Fund raising campaign registration required(1) As used in this section, "fund raising campaign" means charitable solicitation activity that a professional fund raiser engages in on behalf of a charitable organization where the professional fund raiser receives a portion of the funds raised or other compensation in exchange for services.(2) Before commencing a fund raising campaign, a professional fund raiser shall submit to the division: (a) projected expenses and revenue for the campaign;(b) bank account information for the bank account where the professional fund raiser will hold contributions collected in connection with the fund raising campaign;(c) the solicitation scripts that will be used for the fund raising campaign;(d) an affirmation from the professional fund raiser that the charity has approved the solicitation materials to be used in the fund raising campaign; and(e) names and contact information for the individuals overseeing the fund raising campaign.(3) No later than 90 days after the day on which the fund raising campaign ends, the professional fund raiser shall submit a report to the division detailing: (a) all contributions collected during the fund raising campaign;(b) all contributions paid to the charitable organization as a result of the fund raising campaign; and(c) expenses paid by the charitable organization to the professional fund raiser for the fund raising campaign.(4) A professional fund raiser shall keep records related to the information described in Subsection (2) for five years after the day on which the fund raising campaign ends.Added by Chapter 102, 2024 General Session ,§ 16, eff. 5/1/2024.