California § 12599.8. 12599.8. (Amended by Stats. 2023, Ch. 478, Sec. 35.)

California Statutes

§ 12599.8. — 12599.8. (Amended by Stats. 2023, Ch. 478, Sec. 35.)

California·Code GOV Government Code - GOV·Div. 3.·Title 2. DIVISION 3. EXECUTIVE DEPARTMENT·Part 2. PART 2. CONSTITUTIONAL OFFICERS·Ch. 6. CHAPTER 6. Attorney General·Art. 7. ARTICLE 7. Supervision of Trustees and Fundraisers for Charitable Purposes Act

For any year that the balance sheet of a charitable organization shows that it holds restricted net assets, while reporting negative unrestricted net assets, the organization shall provide an explanation of its compliance with its charitable trust responsibilities and proof of directors’ and officers’ liability insurance coverage to the Attorney General’s Registry of Charities and Fundraisers.

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For any year that the balance sheet of a charitable organization shows that it holds restricted net assets, while reporting negative unrestricted net assets, the organization shall provide an explanation of its compliance with its charitable trust responsibilities and proof of directors’ and officers’ liability insurance coverage to the Attorney General’s Registry of Charities and Fundraisers.

California § 12599.8. (12599.8. (Amended by Stats. 2023, Ch. 478, Sec. 35.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.