An individual who is a director, officer, partner, or trustee of a charitable organization may not vote to authorize, approve, or ratify a contract or transaction related to charitable solicitations if the individual has a material financial interest or a material conflicting interest in the contract or transaction.
Structure Maryland Statutes
Title 6 - Charitable Organizations and Charitable Representatives
Subtitle 4 - Charitable Organizations
Section 6-401 - Registration Required
Section 6-402 - Registration Statements
Section 6-403 - Duty of Officers
Section 6-404 - Approval of Application; Reasons for Noncompliance
Section 6-405 - Requirements of Exempt Person
Section 6-406 - Soliciting After Application for Registration
Section 6-409 - Duty of Officers
Section 6-410 - Financial Statement
Section 6-411 - Disclosure Statement
Section 6-412 - Financial Records
Section 6-413 - Exemption From Submission Requirement
Section 6-415 - Restrictions on Voting
Section 6-416 - Restrictions on Soliciting and Spending Money