DIVISION 7. GENERAL BUSINESS REGULATIONS 16000-18001›PART 3. REPRESENTATIONS TO THE PUBLIC 17500-17943›CHAPTER 1. Advertising 17500-17606›ARTICLE 1.3. Charitable Solicitations 17510-17510.95
§ 17510.5
California Business and Professions Code · 2020-11 edition · updated 2026-10-04 · California
(a) The financial records of a soliciting organization shall be maintained on the basis of generally accepted accounting principles as defined by the American Institute of Certified Public Accountants, the Governmental Accounting Standards Board, or the Financial Accounting Standards Board.
(b) The disclosure requirement of paragraph (7) of subdivision (a) of Section 17510.3 shall be based on the same accounting principles used to maintain the soliciting organization’s financial records.
(Amended by Stats. 2004, Ch. 919, Sec. 1. Effective January 1, 2005.)
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