Wis. Admin. Code Department of Financial Institutions DFI-CCS 11.03

Current through November 25, 2024
Section DFI-CCS 11.03 - Exemption from disclosure requirements
(2) A registered charitable organization that operates solely within one community and that received less than $50,000 in contributions during its most recently completed fiscal year may apply to the department of financial institutions to be exempted from the solicitation disclosure requirements of s. 202.12(6m) (b), Stats. The application shall be made on forms and in the manner prescribed by the department of financial institutions. A registered charitable organization which has applied for the exemption may not conduct solicitations without making the disclosures required under s. 202.12(6m), Stats., until the registered charitable organization has received written notice from the department of financial institutions that the department of financial institutions has granted the exemption.
(3) If a registered charitable organization obtains an exemption under sub. (2), a professional fund-raiser who solicits contributions on behalf of the registered charitable organization is exempt from the solicitation disclosure requirements in s. 202.14(11) (c), Stats., when soliciting contributions on behalf of the registered charitable organization.

Wis. Admin. Code Department of Financial Institutions DFI-CCS 11.03

Renumbered from DFI-Bkg 60.03 under s. 13.92(4) (b) 1, Stats., Register March 2020 No. 771; correction in (2) made under s. 13.92(4) (b) 6, Stats., Register March 2020 No. 771, eff. 4/1/2020