13-22-116. Fundraising campaign recordkeeping requirements.
(1) As used in this section, "fundraising campaign" means a charitable solicitation activity that a professional fundraiser engages in on behalf of a charitable organization where the professional fundraiser receives a portion of the funds raised or other compensation in exchange for services.
(2) A professional fundraiser shall keep records of the following information: actual expenses and revenue for the fundraising campaign; bank account information for the bank account where the professional fundraiser holds contributions collected in connection with the fundraising campaign; the charitable solicitation scripts that will be used for the fundraising campaign; an affirmation from the professional fundraiser that the charity approves the charitable solicitation materials to be used in the fund raising campaign; the name and contact information for each individual overseeing the fund raising campaign; contributions the professional fundraiser collects during the fundraising campaign; contributions paid to the charitable organization as a result of the fundraising campaign; and expenses the charitable organization pays to the professional fundraiser for the fundraising campaign.
(3) A professional fundraiser shall keep the records described in Subsectionfor five years after the day on which the fundraising campaign ends. (2)