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Section 25-35. Records tO be kept by charitable organizations. Every charitable organization shall keep true fiscal records for all fiscal years begir~ing on and continuing after the effectiv~ date hereof, in acoordanoe with the standards set cut in Section 57-40.6, Code of Virginia, 1950, as amended. Such records shall be retained for a period of at least three lears after the endo of the period of which they relate. Section 25-36. Written contracts. (a) Every contract or agreement between professional fund- raising counsel and a charitable organization must be in %~riting and shall be filed with the Manager within tan days after such contract or-written agre~nent is antered into. (b) Every contract, or a-written statement of the nature of the arrange~ant to prevail in the absance of a contract, between a pro- fessional solicitor and a charitable organization shall be filed with the/~/]ager within ten days after such contract is antered into or such arrangement is agreed to. (c) Ail agreements and arrangements betwean professional fand-raising counsel and charitable organizations mu~.~t be reduced to writing before executed or acted upon. Section 25-37. Limitations on amount of payments for solicitation activities. (a) No charitable organization shall pay or agree to pay to a professional solicitor or his agents, servants or e~ployees in the aggregate, including reimbursement for expenses incurred, a total amount in excess of fiftee~ per centl~ of the gross amount collected by it as a result of his, or their, pay or agree to pay to all professional solicitors retained by it and their agants, servants and employees in the aggreg~ate a total amount in excess of tan per cantu~u of its support received directly f~c~p~ the public in the year in ~ch such services are performed. 0p) For purposes of t~his section, the payments to the professional solicitor s~hall not include the purchase price to the charitable organization of any tangible personal property or services wTzich are resold by the organization as a part of its fund-raising activities; but the amount so expended by t=he organization shall be deducted frc~ the gross amount collected by it, or the organization's support received directly fr~m the public, before the computation of the~percentage limitations.