Vermont § 2477 - Financial report
Full text of Vermont Vermont Statutes Online § 2477 — Financial report, with citation guidance and answers to common questions.
§ 2477. Financial report
- (a) No later than 90 days after a fundraising campaign has been completed, and no later
than 90 days after the anniversary of the commencement of a fundraising campaign lasting
more than one year, a paid fundraiser that has solicited contributions in this State
shall file a financial report with the Attorney General on a form prescribed by the
Attorney General. The information required by this section shall pertain to the entire
fundraising campaign, or, in the case of a campaign lasting more than one year, to
the 12 months ending on the most recent anniversary of the commencement of the campaign. (b) The financial report shall contain the following: (1) Total gross receipts. (2) A description of how the gross receipts were distributed, including an itemized list
of all expenses, commissions, and other costs of the fundraising campaign, and the
net amount paid to the charitable organization for its charitable purposes, after
payment of all fundraising expenses, commissions, and other costs. (3) The percentage of gross receipts represented by the total of fundraising expenses,
commissions, and other costs. (4) The percentage of gross receipts represented by the net amount paid to the charitable
organization for its charitable purposes, after payment of all fundraising expenses,
commissions, and other costs. (5) The signature of the charitable organization. (6) Such other information as the Attorney General may by rule require. (c) The Attorney General may adopt rules requiring that the financial report be filed
electronically, with proper verification. (Added 1989, No. 232 (Adj. Sess.), § 2; amended 2003, No. 110 (Adj. Sess.), § 2, eff. May 11, 2004.)
Frequently Asked Questions About Vermont § 2477
What does Vermont Statutes Online § 2477 cover?
Section 2477 ("Financial report") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 2477?
A common citation format is "Vermont Statutes Online § 2477" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 2477 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.