3724

LAWS OF MARYLAND

Ch. 787

(4) (6) WHERE A REFUND HAS BEEN REQUESTED, THE DATE
THE REFUND WAS MADE;

(5) (7) THE NAME, ADDRESS, AND AMOUNT OF COMPENSATION
PAID TO EACH SOLICITOR; AND

(6) (8) THE DATES ON WHICH PAYMENTS WERE MADE TO EACH
SOLICITOR.

(M) A PROFESSIONAL SOLICITOR SHALL MAINTAIN FOR A PERIOD OF
NOT LESS THAN 3 YEARS AFTER THE COMPLETION OF EACH FUND-RAISING
DRIVE, CAMPAIGN, OR EVENT, RECORDS WHICH SHALL ACCURATELY REFLECT
ALL COMPENSATION RECEIVED FOR SERVICES RENDERED AND ALL
FUND-RAISING EXPENSES INCURRED. A PROFESSIONAL SOLICITOR SHALL
OPEN THE RECORDS TO THE SECRETARY OF STATE FOR REVIEW AND
REPRODUCTION AT ANY HEARING CALLED BY THE SECRETARY OF STATE.

(N) A PROFESSIONAL SOLICITOR SHALL PROVIDE THE SECRETARY OF
STATE, WITHIN 3 MONTHS FROM THE END OF EACH FUND-RAISING DRIVE,
CAMPAIGN, OR EVENT, AN ACCOUNTING, UNDER OATH, OF ALL FUNDS
RECEIVED AND DISBURSED ON A GROSS BASIS ON FORMS PRESCRIBED BY
THE SECRETARY OF STATE. THE PROFESSIONAL SOLICITOR AND AN
AUTHORIZED OFFICIAL OF THE CHARITABLE ORGANIZATION FOR WHICH THE
PROFESSIONAL SOLICITOR IS SOLICITING CONTRIBUTIONS SHALL SIGN THE
ACCOUNTING AND CERTIFY THAT IT IS TRUE TO THE BEST OF THEIR
KNOWLEDGE.

(O) (1) A PROFESSIONAL SOLICITOR MAY NOT REQUEST, DEMAND,
OR RECEIVE AS COMPENSATION FOR FUND-RAISING SERVICES TO A
CHARITABLE ORGANIZATION A TOTAL AMOUNT IN EXCESS OF 15 30 PERCENT
OF THE TOTAL MONEYS, PLEDGES, OR OTHER PROPERTY RAISED OR
RECEIVED BY REASON OF ANY SOLICITATION ACTIVITY, DRIVE, CAMPAIGN,
OR EVENT, INCLUDING REIMBURSEMENT FOR EXPENSES INCURRED.

(2) FOR PURPOSES OF THIS SECTION, THE TOTAL MONEYS,
FUNDS, PLEDGES, OR OTHER PROPERTY RAISED OR RECEIVED SHALL BE
COMPUTED BY FIRST DEDUCTING THEREFROM THE ACTUAL COST TO THE
CHARITABLE ORGANIZATION OR PROFESSIONAL SOLICITOR OF GOODS SOLD
OR SERVICES PROVIDED TO THE PUBLIC IN CONNECTION WITH THE
SOLICITING OF CONTRIBUTIONS, AND THE ACTUAL COSTS OF THE
PREPARATION OF FINANCIAL REPORTS.

103F-3.

(A) A PERSON MAY NOT ACT AS A SOLICITOR FOR A PROFESSIONAL
SOLICITOR ENGAGED BY A CHARITABLE ORGANIZATION UNLESS THAT PERSON
HAS FIRST REGISTERED 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
SOLICITOR OR RENEWAL OF REGISTRATION SHALL BE ACCOMPANIED BY AN
ANNUAL FEE OF $25.