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DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›[ARTICLE 6.5. Violations of the Public’s Right to Know Act] 12269›ARTICLE 7. Supervision of Trustees and Fundraisers for Charitable Purposes Act 12580-12599.10

§ 12599.8

California Government Code · 2026-09 edition · updated 2026-09-27 · 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 Charities and Fundraisers.

(Amended by Stats. 2023, Ch. 478, Sec. 35. (AB 1756) Effective January 1, 2024.)

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California Government Code

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