KRS 367.657: Filing of federal Form 990 fulfills reporting requirement.

(1) Prior to any solicitation, every charitable organization required by the Internal

Revenue Service to file a federal Form 990 and soliciting contributions in the

Commonwealth, or for which contributions are solicited shall file with the Attorney

General a c opy of its most recent federal Form 990 unless exempted by KRS

367.660.

(2) If a charitable organization is newly formed and a Form 990 has not yet been filed

with the Internal Revenue Service, a notice of intent to solicit, in a form prescribed

pursuant to administrative regulations promulgated by the Attorney General, shall

be filed prior to any solicitation. Each chapter, branch, or affiliate of a charitable

organization shall file a separate notice of intent or report the necessary information

to its pa rent charitable organization that shall then file a consolidated notice of

intent to solicit. If a consolidated notice of intent is filed, information arising out of

the activities of each chapter, branch, or affiliate of the charitable organization in

this state shall be covered in the notice. A separate notice of intent shall be filed for

each chapter, branch, or affiliate upon the request of the Attorney General. The

notice shall expire on December 31 of the calendar year in which it was filed.

(3) The F orm 990 shall be filed with the Attorney General each year in which

contributors are solicited in the Commonwealth at the same time the form is filed

with the Internal Revenue Service. If a Form 990 is not filed with the Internal

Revenue Service, a new not ice of intent to solicit shall be filed with the Attorney

General.