1. A. No person shall act as a professional fund-raiser for any charitable organization, including those organizations listed under Section 552.4 of this title, until the person has first registered with the Office of the Secretary of State. Applications for registrations, signed and acknowledged by a party duly authorized to act on behalf of the fund raiser, shall state the full, legal name of the professional fund raiser, the street address of the principal place of business of the fund raiser, the full, legal names and street addresses of the charitable organizations with which it has entered into contracts or agreements, and shall be accompanied by an annual fee in the sum of Fifty Dollars ($50.00), to be deposited to the General Revenue Fund of the State Treasury. The applicant shall, at the time of making application, file with the Secretary of State a bond in which the applicant shall be the principal obligor, in the sum of Two Thousand Five Hundred Dollars ($2,500.00), with one or more sureties whose liability in the aggregate as sureties shall at least equal that sum. The bond shall run to the Secretary of State for the use of the state and to any person, including a charitable organization, who may have a cause of action against the obligor of the bond for any malfeasance or misfeasance of the obligor or any professional solicitor employed by him or her in the conduct of the solicitation. Registration shall be valid for a period of one (1) year from the date of filing with the Secretary of State, and may be renewed annually upon the filing of a renewal application accompanied by the bond and fee prescribed herein.
2. B. No professional fundraiser or solicitor shall engage in fundraising activities for a charitable organization which is not registered with the Secretary of State unless the organization is exempt from registration.

Laws 1959, HB 632, p. 90, § 7, emerg. eff. May 8, 1959; Amended by Laws 1978, HB 1478, c. 244, § 5, emerg. eff. July 1, 1978; Amended by Laws 1984, SB 537, c. 79, § 4, emerg. eff. April 3, 1984; Amended by Laws 1994, c. 235, § 12, eff. September 1, 1994; Amended by Laws 1997, HB 1318, c. 334, § 4, emerg. eff. July 1, 1997 (superseded document available); Amended by Laws 1999, SB 179, c. 377, § 3, emerg. eff. July 1, 1999 (repealed by Laws 2000, HB 2711, c. 6, § 33, emerg. eff. March 20, 2000) (superseded document available); Amended by Laws 1999, HB 1147, c. 325, § 7, eff. November 1, 1999 (repealed by Laws 2000, HB 2711, c. 6, § 33, emerg. eff. March 20, 2000); Amended by Laws 1999, SB 684, c. 421, § 5, eff. November 1, 1999 (superseded document available); Amended by Laws 2000, HB 2711, c. 6, § 2, emerg. eff. March 20, 2000 (superseded document available).