The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 9 : Commerce and Trade
Chapter 063 : Consumer Protection
Subchapter 002 : CHARITABLE SOLICITATIONS
(Cite as: 9 V.S.A. § 2476)-
§ 2476. Bank accounts
(a) All checks and money orders contributed in response to a solicitation shall be made out to the name of the charitable organization.
(b) A paid fundraiser shall immediately deposit, in a bank account in the name of the charitable organization with which the paid fundraiser has contracted, all contributions received by the paid fundraiser. The signature of the treasurer or other agent designated by the charitable organization shall be required to remove any funds from the account.
(c) Within 60 days after a solicitation campaign has been completed, the paid fundraiser shall file with the charitable organization a closing statement for the campaign, including the name and address of each contributor and the amount of the contribution; the amount of gross receipts; and an itemized list of all expenses, commissions, and other costs incurred in the campaign. (Added 1989, No. 232 (Adj. Sess.), § 2.)
