Code · Virginia · Title 57 — Religious and Charitable Matters; Cemeteries · Chapter 5

Code of Virginia § 57-55.2:1. Solicitations by for-profit organizations.

83 words·~1 min read·/va/title-57/chapter-5/57-55-2-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A. Every solicitor for an organization which is for-profit which solicits contributions from a prospective contributor in the Commonwealth shall disclose that the organization is not exempt from taxation under § 501(c) of the Internal Revenue Code.

B. For every contribution received for five dollars or more, a for-profit organization shall, within thirty days following receipt, send a written statement to such contributor disclosing that the organization is not exempt from taxation under § 501(c) of the Internal Revenue Code.

1993, c. 240.