Statute · California Government Code
Cal. Gov't Code § 12599.5 — Supervision of Trustees and Fundraisers for Charitable Purposes Act
Cal. Gov't Code § 12599.5
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Each application for registration or renewal of registration under subdivision (b) of Section 12599 shall be accompanied by a cash deposit or by a bond issued by an admitted surety in favor of the State of California and in a form acceptable to the Attorney General. The cash deposit or bond…
Citator
Cal. Gov't Code § 12599.5 — Supervision of Trustees and Fundraisers for Charitable Purposes Act is in force in the current edition of the Code, and nothing recorded condemns it.
Each application for registration or renewal of registration under subdivision (b) of Section 12599 shall be accompanied by a cash deposit or by a bond issued by an admitted surety in favor of the State of California and in a form acceptable to the Attorney General. The cash deposit or bond shall be in the amount of twenty-five thousand dollars ($25,000) and shall be for the benefit of any person damaged as a result of malfeasance or misfeasance in the conduct of the activities specified in subdivision (a) of Section 12599. The bond may be in the form of a rider to a larger blanket liability bond.