CHAPTER 497

S.P. 684 - L.D. 1767

An Act To Clarify the Charitable Solicitations Act

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 9 MRSA §5002, as amended by PL 1999, c. 386, Pt. A, §1, is further amended to read:

§5002. Intent

It is the intent of the Legislature to require the registration and financial reporting of charitable organizations, professional solicitors, professional fund-raising counsel and commercial co-venturers and the registration and bonding of professional fund-raising counsel solicitors and commercial co- venturers and the registration of professional solicitors.

Sec. 2. 9 MRSA §5003, sub-§3, as amended by PL 2003, c. 541, §2, is further amended to read:

3. Commercial co-venturer. "Commercial co-venturer" means any person who, for profit, is 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 a sale, performance, event or collection and sale of donated goods 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