HARRY HUGHES, Governor

3721

WITH THE SECRETARY OF STATE. APPLICATIONS FOR REGISTRATION
SHALL BE IN THE FORM AND CONTAIN SUCH INFORMATION AS MAY BE
PRESCRIBED BY THE SECRETARY OF STATE, AND SHALL BE UNDER OATH.
THE APPLICATION FOR REGISTRATION BY A PROFESSIONAL SOLICITOR OR
RENEWAL OF REGISTRATION SHALL BE ACCOMPANIED BY AN ANNUAL FEE OF
$200. A PARTNERSHIP, CORPORATION, OR OTHER ENTITY WHICH INTENDS
TO ACT AS A PROFESSIONAL SOLICITOR, MAY REGISTER FOR AND PAY A
SINGLE FEE OF $200 ON BEHALF OF ALL ITS MEMBERS, OFFICERS,
AGENTS, AND EMPLOYEES, EXCEPT SOLICITORS. ALL OTHER PERSONS
EMPLOYED TO WORK UNDER ITS DIRECTION, INCLUDING SOLICITORS, MUST
BE LISTED IN THE APPLICATION, OR BE FILED WITH THE SECRETARY OF
STATE WITHIN 10 DAYS OF EMPLOYMENT.

(B)  EVERY PROFESSIONAL SOLICITOR SHALL, AT THE TIME OF
MAKING APPLICATION, FILE WITH AND HAVE APPROVED BY THE SECRETARY
OF STATE A BOND IN WHICH THE APPLICANT SHALL BE THE PRINCIPAL
OBLIGOR IN THE SUM OF $25,000 WITH 1 OR MORE SURETIES
SATISFACTORY TO THE SECRETARY OF STATE, WHOSE LIABILITY IN THE
AGGREGATE AS SURETIES WILL AT LEAST EQUAL THE SUM AND MAINTAIN
THE BOND IN EFFECT SO LONG AS REGISTRATION IS IN EFFECT. THE
BOND SHALL RUN TO THE STATE OF MARYLAND FOR THE USE OF THE STATE
AND ANY PERSON WHO MAY HAVE A CAUSE OF ACTION AGAINST THE OBLIGOR
OF THE BONDS FOR ANY LOSSES RESULTING FROM MALFEASANCE,
NONFEASANCE, OR MISFEASANCE IN THE CONDUCT OF SOLICITATION
ACTIVITIES. A PERSON, PARTNERSHIP, OR CORPORATION WHICH IS A
PROFESSIONAL SOLICITOR MAY FILE A CONSOLIDATED BOND ON BEHALF OF
ALL ITS MEMBERS, OFFICERS, AND EMPLOYEES.

(C)  EACH REGISTRATION IS VALID FOR 1 YEAR AND MAY BE
RENEWED FOR ADDITIONAL 1-YEAR PERIODS UPON APPLICATION TO THE
SECRETARY OF STATE, PAYMENT OF THE RENEWAL FEE, AND PROOF THAT
THE REQUIRED BOND IS AND WILL REMAIN IN EFFECT.

(D)  (1) IF THE SECRETARY OF STATE FINDS THAT THE REGISTRANT
HAS COMPLIED WITH THE REQUIREMENTS OF THIS SUBTITLE AND THE RULES
AND REGULATIONS ADOPTED PURSUANT TO IT, THE REGISTRATION SHALL BE
APPROVED.

(2) IF THE REGISTRATION IS NOT APPROVED OR DENIED
WITHIN 30 DAYS OF ITS RECEIPT, THE REGISTRATION SHALL BE DEEMED
APPROVED.

(3) (I) AN APPLICANT WHOSE APPLICATION FOR
REGISTRATION IS DENIED MAY, WITHIN 30 DAYS FROM THE DATE OF
NOTIFICATION OF THE DENIAL, REQUEST IN WRITING A HEARING BEFORE
THE SECRETARY OF STATE.

(II) A HEARING SHALL BE HELD WITHIN 60 DAYS
FROM THE DATE THE SECRETARY OF STATE RECEIVED THE REQUEST.

(E)  PROFESSIONAL SOLICITORS SHALL FILE WITH THE SECRETARY
OF STATE A COPY OF ANY AGREEMENT ENTERED INTO WITH A CHARITABLE
ORGANIZATION WITHIN 10 DAYS OF ITS EXECUTION. A PERSON MAY NOT
LAWFULLY ACT AS A PROFESSIONAL SOLICITOR FOR A CHARITABLE
ORGANIZATION UNLESS THE ENTIRE AGREEMENT BETWEEN THE PARTIES IS
REDUCED TO WRITING. SUCH AGREEMENTS SHALL: