§ 57-55.2:1. Solicitations by for-profit organizations
A. Every solicitor for an organization which is for-profit which solicits contributions from a prospective contributor in the Commonwealth shall disclose that the organization is not exempt from taxation under § 501 (c) of the Internal Revenue Code.
B. For every contribution received for five dollars or more, a for-profit organization shall, within thirty days following receipt, send a written statement to such contributor disclosing that the organization is not exempt from taxation under § 501 (c) of the Internal Revenue Code.
(1993, c. 240.)
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