Home Content Mary Keenan 20th Jud. The new FTC rules do not apply to charities. But the Colorado Charitable Solicitations Act was enacted to protect the public from fraudulent charitable solicitations. The act defines charitable organizations, requires them to register with the Colorado Secretary of State if they conduct a promotion, mandates certain disclosures to potential contributors and provides contributors with certain cancellation rights.
Contributors have the right to cancel.
The contributor may cancel a monetary contribution until midnight of the third business day after the day the contributor receives written confirmation of the contribution. Notice of cancellation may be given orally or in writing. The solicitor must refund the money within 10 days.