PROFESSIONAL FUNDRAISER REQUIREMENTS

SB 259 amends New Mexico's Charitable Solicitations Act to impose new requirements on professional fundraisers and third-party solicitors who raise money for charities. It directly affects individuals or companies paid to solicit donations or sell nonperishable goods for charitable organizations (excluding religious groups). Key provisions require these entities to register with the Attorney General ($200 fee), post a $25,000 surety bond, and submit detailed contracts outlining compensation, solicitation methods, locations, and materials before working with charities. The bill aims to increase transparency and accountability in fundraising activities.