Colorado § 6-16-109 Records - accounts

Colorado Statutes

§ 6-16-109 — Records - accounts

Colorado·Title 06 Consumer·Art. Colorado Charitable Solicitations Act

(1)During each solicitation campaign, a paid solicitor shall create and maintain, for not less than two years after the completion of such campaign, the following records:

(a)Copies of all written confirmations or any standardized written confirmations provided pursuant to section 6-16-105;

(b)The name and residence address of each employee, agent, or other person involved in the solicitation as is on record at the time of such solicitation;

(c)The locations and account numbers of all bank or other financial institution accounts into which the paid solicitor has deposited receipts from the solicitation;

(d)Records indicating the quantity of donated tickets or sponsorships, as described in section 6-16-107, which were actually used or received by donees or beneficiaries; (

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(1) During each solicitation campaign, a paid
solicitor shall create and maintain, for not less than two years after the completion
of such campaign, the following records:

(a) Copies of all written confirmations or any standardized written
confirmations provided pursuant to section 6-16-105;

(b) The name and residence address of each employee, agent, or other
person involved in the solicitation as is on record at the time of such solicitation;

(c) The locations and account numbers of all bank or other financial
institution accounts into which the paid solicitor has deposited receipts from the
solicitation;

(d) Records indicating the quantity of donated tickets or sponsorships, as
described in section 6-16-107, which were actually used or received by donees or
beneficiaries;

(e) A complete record and accounting of the receipts and disbursements of
funds derived from any solicitation campaign. Said record and accounting shall
clearly identify any person or organization to whom or to which any part of such
funds are transferred and shall describe with specificity the purpose for which any
expenditure is made and the amount of each expenditure. Funds spent directly for
any charitable purpose or transferred to any charitable organization as represented
in the solicitations shall be clearly delineated as such.

(f) All written records relating to pitches, sales approaches, or disclosures
used during any solicitation campaign and all instructions provided to paid
solicitors concerning the content or solicitations;

(g) All contracts or agreements made with charitable organizations or other
represented beneficiaries of solicitations; and

(h) For each contribution, records indicating the name and address of the
contributor, the amount of the contribution if monetary, and the date of the
contribution, together with the name of the individual paid solicitor who solicited
the contribution.

(2) Any person involved in solicitations who claims an exemption from the
definition of paid solicitor in section 6-16-103 (7) shall maintain records of ruling
letters and other communications from the internal revenue service regarding tax-exempt status. Failure to produce such records on written demand of the district
attorney pursuant to section 6-16-111 (1)(e) shall give rise to a rebuttable
presumption that the person does not have a ruling letter granting tax-exempt
status pursuant to 26 U.S.C. sec. 501 (c)(3).

(3) Repealed.

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Legislative History

Source: L. 88: Entire article added, p. 356, � 1, effective July 1. L. 89: IP(1), (1)(a), (1)(d), (1)(f), (1)(g), (2), and (3) amended and (1)(h) added, p. 366, � 6, effective July 1. L. 2001: (3) repealed, p. 1247, � 6, effective May 9, 2002.