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Earlier editions: 2020-112018-11

DIVISION 1. ADMINISTRATION OF WELFARE AND INSTITUTIONS 148-153›CHAPTER 1.8. Acquisition and Disposition of Salvageable Personal Property for Charitable Purposes 148-148.9

§ 148.2

California Welfare and Institutions Code · 2026 edition · updated 2026-10-04 · California

Any organization qualified under Section 148.3 to solicit donations of salvageable personal property, or to sell salvageable personal property obtained by soliciting, shall: (a) maintain separate bank accounts and separate books and records for such solicitations or sales, and shall not commingle any proceeds of such solicitations or sales with any other assets; and (b) fully comply with the provisions of the Supervision of Trustees and Fundraisers for Charitable Purposes Act (Article 7 of Chapter 6 (commencing with Section 12580) of the Government Code).

(Amended by Stats. 2020, Ch. 370, Sec. 269. (SB 1371) Effective January 1, 2021.)

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