Compilation of Rules and Regulations of the State of Georgia › Department 590 - RULES OF OFFICE OF SECRETARY OF STATE › Chapter 590-9 - CHARITABLE SOLICITATION › Subject 590-9-1 - RULES OF GENERAL APPLICABILITY › Rule 590-9-1-.01 - Definitions

Current through Rules and Regulations filed through June 27, 2024
(1)
Branch
				office.
As used herein, all references to "branch office" shall mean any
				commercial location where the business of a paid solicitor or charitable
				organization is conducted.
(2)
Certified financial statement.
As used herein, all references to
				"certified financial statement" shall mean financial statements, including a
				balance sheet, income statement, and statement of cash flows, or the equivalent
				in the case of a not-for-profit entity, and all notes to the financial
				statements, audited by an independent certified public accountant in accordance
				with generally accepted auditing standards. The certified financial statement
				must be accompanied by an independent auditor's report, which shall include an
				expression of professional opinion by the independent certified public
				accountant as to whether the financial statement presents fairly, in all
				material respects, the financial condition of the entity in conformity with
				generally accepted accounting principles. The independent certified public
				accountant must be duly registered and in good standing as a certified public
				accountant, under all applicable laws, rules and regulations of the place of
				the independent certified public accountant's place of residence or principal
				place of business.
(3)
Code
				or Act.
As used herein, all citations to "Code" or "Act" refer to the
				Georgia Charitable Solicitations Act of 1988, as amended, as set forth in
				Chapter 17 of Title 43 of the Official Code of Georgia Annotated. (O.C.G.A.
				§
									43-17-1
et
				seq.
)
(4)
Division.
As used herein, all references to "Division" shall mean
				the Division of Securities and Business Regulation of the Office of the
				Secretary of State. This is the organizational division that is delegated
				authority by the Secretary of State to administer the provisions of the
				Code.
(5)
Division
				Director.
As used herein, all references to the "Division Director"
				shall mean the Division Director appointed by the Secretary of State to oversee
				the administration of the Code as provided in O.C.G.A. §
									43-17-10.
				The term "Division Director" shall refer to the Director of the Securities and
				Business Regulation Division of the Office of the Secretary of State, or such
				other person as the Secretary of State may by order designate.
(6)
Educational institutions.
As
				used in the Act, all references to "Educational institutions" shall mean an
				organization organized and operated exclusively for educational purposes and
				which normally maintains a regular faculty and curriculum and normally has a
				regularly enrolled body of pupils or students in attendance at the place where
				its educational activities are regularly carried on.
(7)
Secretary of State.
As used
				herein, all references to the "Secretary of State" shall mean the Secretary of
				State of the State of Georgia.
O.C.G.A. Sec.
				  43-17-10.