TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 2. CONSTITUTIONAL OFFICERS 12001-12790›CHAPTER 6. Attorney General 12500-12661›ARTICLE 7. Uniform Supervision of Trustees for Charitable Purposes Act 12580-12599.8

§ 12599.8

California Government Code · 2020-11 edition · updated 2026-10-04 · California

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 Charitable Trusts.

(Added by Stats. 2012, Ch. 483, Sec. 3. (AB 2327) Effective January 1, 2013.)

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California Government Code

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