Ch. 480                                           LAWS OF MARYLAND

ADOPTED BY THE COMMISSION AND BE APPROVED FOR FORM AND LEGAL
SUFFICIENCY BY THE ATTORNEY GENERAL.

(II) THOSE POLICIES REGARDING OR PERTAINING TO
CONFLICT OF INTEREST, FINANCIAL DISCLOSURE, OR LOBBYING SHALL BE
REVIEWED AND APPROVED BY THE STATE ETHICS COMMISSION.

(3) (I) ARTICLE 40A, §§ 3-101, 3-103, AND 3-105 OF THE
CODE DO NOT BAR AN OFFICIAL OR EMPLOYEE OF THE COMMISSION FROM
BECOMING A DIRECTOR , OR OFFICIAL, OR EMPLOYEE OF AN INDEPENDENT
FOUNDATION ORGANIZED TO FOSTER FUND-RAISING AND PROVIDE RELATED
SERVICES FOR THE BENEFIT OF THE COMMISSION.

(II) AN OFFICIAL OR EMPLOYEE OF THE COMMISSION
WHO SERVES AS A DIRECTOR OR OFFICIAL OF AN INDEPENDENT FOUNDATION
ORGANIZED TO FOSTER FUND-RAISING AND PROVIDE RELATED SERVICES FOR
THE BENEFIT OF THE COMMISSION:

1. MAY NOT BE COMPENSATED BY THE
FOUNDATION; AND

2. MAY BE REIMBURSED FOR BONA FIDE
EXPENSES INCURRED IN THE PERFORMANCE OF ACTIVITIES UNDERTAKEN ON
BEHALF OF THE FOUNDATION AS AUTHORIZED BY THE BOARD OF DIRECTORS
OF THAT FOUNDATION.

(4)  (I) THE COMMISSION MAY NOT ACCEPT FUNDS FROM AN
AFFILIATED FOUNDATION UNLESS THE FISCAL AFFAIRS OF THE AFFILIATED
FOUNDATION ARE AUDITED ANNUALLY BY AN INDEPENDENT CERTIFIED
PUBLIC ACCOUNTANT.

(II) THE_____INDEPENDENT CERTIFIED PUBLIC

ACCOUNTANT SHALL SEND COPIES OF EACH ANNUAL AUDIT REPORT TO THE
COMMISSION AND TO THE DEPARTMENT OF FISCAL SERVICES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.

Approved May 19, 1989.

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