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 § 12599.8.

JurisdictionCalifornia

Code GOVGovernment 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

This text of California § 12599.8. (12599.8. (Amended by Stats. 2023, Ch. 478, Sec. 35.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 12599.8. (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.