California Statutes
§ 16110. — 16110. (Added by renumbering Section 16106 by Stats. 2023, Ch. 478, Sec. 60.)
California·Code PROB Probate Code - PROB·Div. 9. DIVISION 9. TRUST LAW·Part 4. PART 4. TRUST ADMINISTRATION·Ch. 1. CHAPTER 1. Duties of Trustees·Art. 6. ARTICLE 6. Notice to the Attorney General of Disposal of Charitable Assets
(a)On and after January 1, 2025, or upon the regulations provided for in subdivision (b) taking effect, whichever occurs first, a trustee holding assets subject to a charitable trust shall give written notice to the Attorney General at least 20 days before the trustee sells, leases, conveys, exchanges, transfers, or otherwise disposes of all or substantially all of the charitable assets.
(b)On or after January 1, 2022, the Attorney General shall establish rules and regulations necessary to administer this section.
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California § 16110. (16110. (Added by renumbering Section 16106 by Stats. 2023, Ch. 478, Sec. 60.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by renumbering Section 16106 by Stats. 2023, Ch. 478, Sec. 60. (AB 1756) Effective January 1, 2024.