Charitable organizations deemed fiduciary

Act 202 of 1990, § 21, under SOLICITATION OF FUNDS FOR CHARITABLE PURPOSES ACT.

Act 202 of 1990, § 21

Section 21. Charitable organizations deemed fiduciary.

Every person soliciting, collecting or expending contributions for charitable purposes and every officer, director, trustee and employee of any such person concerned with the solicitation, collection or expenditure of such contribution shall be deemed to be a fiduciary and acting in a fiduciary capacity.