Md. Code Regs. 33.01.01.02

Current through Register Vol. 51, No. 21, October 18, 2024

Section 33.01.01.02 - Definition of Officer

For purposes of State Government Article, § 15-715(g), Annotated Code of Maryland, which provides that contributions by an officer of a not-for-profit organization are not attributable to the organization and the officer is not required to report contributions to the chief executive officer of the organization except in certain circumstances, the term "officer":

A. Includes the organization's president or chairman, vice-president or vice-chairman, secretary, treasurer, executive director, and any individual exercising duties comparable to those typically exercised by an individual holding one of those titles; and

B. Does not include an individual holding a title but not exercising substantial independent responsibility on behalf of the organization similar to the responsibility typically exercised by an individual holding one of the titles listed in §A of this regulation, except if the individual has made a contribution on the recommendation of the organization.

Md. Code Regs. 33.01.01.02

Regulation .02 adopted effective December 12, 2002 (29:24 Md. R. 1920)