Title 040 | Chapter 002 | Regulation 100
40 KAR 2:100.Notice of requested disclosure of percentage of gross revenue going to charitable organization.
Section 1.
Disclosure of information in response to a request by a person being solicited regarding the amount or percentage of funds going to the charitable organization or for a charitable or civic purpose shall be done in the following manner:(1)
Timing:(a)
The requested information shall be given immediately upon request.(b)
No further effort to solicit shall be made until the information is supplied.(2)
Form:(a)
The information disclosed shall be in clear and concise manner using words and phrases of common meaning.(b)
If the solicitation is oral, the information shall be given orally with a written statement of the same information available at no cost if the person being solicited wishes to obtain a copy.(c)
If the solicitation is written, the disclosure information shall be in written form.(d)
Any written disclosure of the amount or percentage of funds going to the charitable organization or for a charitable or civic purpose shall clearly contain the information required by KRS Chapter 367 (HB 474, sec. 9(1), (2)).HISTORY: (21 Ky.R. 693; Am. 1286; eff. 10-12-94; Crt eff. 2-21-2020.)
40 KAR 2:100.Notice of requested disclosure of percentage of gross revenue going to charitable organization.
Section 1.
Disclosure of information in response to a request by a person being solicited regarding the amount or percentage of funds going to the charitable organization or for a charitable or civic purpose shall be done in the following manner:(1)
Timing:(a)
The requested information shall be given immediately upon request.(b)
No further effort to solicit shall be made until the information is supplied.(2)
Form:(a)
The information disclosed shall be in clear and concise manner using words and phrases of common meaning.(b)
If the solicitation is oral, the information shall be given orally with a written statement of the same information available at no cost if the person being solicited wishes to obtain a copy.(c)
If the solicitation is written, the disclosure information shall be in written form.(d)
Any written disclosure of the amount or percentage of funds going to the charitable organization or for a charitable or civic purpose shall clearly contain the information required by KRS Chapter 367 (HB 474, sec. 9(1), (2)).HISTORY: (21 Ky.R. 693; Am. 1286; eff. 10-12-94; Crt eff. 2-21-2020.)