This bill amends the Charitable Funds Act in West Virginia, specifically section 29-19-15, to enhance the investigative powers of the Secretary of State regarding charitable organizations, professional fund-raising counsel, and professional solicitors. The new provisions allow the Secretary of State to administer oaths and affirmations, issue subpoenas for witness attendance and document production, and seek assistance from circuit courts and the Attorney General during investigations. These changes aim to strengthen the enforcement of the Act and ensure compliance among entities involved in charitable fundraising.

Additionally, the bill maintains existing penalties for willful violations of the Act, including fines and imprisonment for individuals who provide false information or engage in fraudulent activities. The court is also empowered to determine the feasibility of returning contributions obtained through violations, with provisions for appointing a general receiver to manage the funds if necessary. Overall, the bill seeks to improve oversight and accountability in the solicitation of charitable funds in West Virginia.

Statutes affected:
Introduced Version: 29-19-15