Statute · California Probate Code

Cal. Prob. Code § 16110 — Notice to the Attorney General of Disposal of Charitable Assets

Cal. Prob. Code § 16110

Type
Statute
Source
California Probate Code
Jurisdiction
California
Date
2024-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) On and after January 1, 2025, or upon the regulations provided for in subdivision (b) taking effect, whichever occurs first, a trustee holding assets subject to a charitable trust shall give written notice to the Attorney General at least 20 days before the trustee sells, leases, conveys,…

Citator

Cal. Prob. Code § 16110 — Notice to the Attorney General of Disposal of Charitable Assets is in force in the current edition of the Code, and nothing recorded condemns it.

(a) On and after January 1, 2025, or upon the regulations provided for in subdivision (b) taking effect, whichever occurs first, a trustee holding assets subject to a charitable trust shall give written notice to the Attorney General at least 20 days before the trustee sells, leases, conveys, exchanges, transfers, or otherwise disposes of all or substantially all of the charitable assets.

(b) On or after January 1, 2022, the Attorney General shall establish rules and regulations necessary to administer this section.