1. (1) is organized under the laws of another state that has a statute substantially similar to this title;
2. (2) has been exempted from the submission of a registration statement by that other state;
3. (3) has its principal place of business outside this State; and
4. (4) gets its money principally from sources outside this State.

The Secretary of State may exempt from the requirement of a registration statement or annual report a charitable organization that:

Added by Acts 1992, c. 4, § 2. Amended by Acts 1992, c. 125, § 1.

Formerly Art. 41, § 3-211.