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AB 1756 – Name Change For Registry Of Charitable Trusts

CATEGORY: Nonprofit News
CLIENT TYPE: Nonprofit
DATE: Nov 06, 2023

The Attorney General maintains the Registry of Charitable Trusts, which is a register of charitable corporations, unincorporated associations, and trustees holding property for charitable purposes and fundraisers.  Unless exempt, every charitable corporation, unincorporated association, and trustee doing business in or holding property in California is required to register with the Attorney General’s Registry of Charitable Trusts within 30 days of receiving charitable assets.

Assembly Bill 1756 (AB 1756) changes the name of the Registry of Charitable Trusts to the Registry of Charities and Fundraisers.

(As relevant to nonprofit organizations, AB 1756 amends Sections 6092.5, 17510.9, 17510.95, and 26070.5 of the Business and Professions Code, amends Sections 1939.23, 2924m, 2982, amends Sections 5008.9, 6610.5, and 8610.5 of the Corporations Code, amends 12587, 12587.1, 12591.1, 12599, 12599.1, 12599.2, 12599.3, 12599.6, 12599.8, 12599.9, 12945.21, 26529, 27647, 53214.5, 65965, 68111, 69894.3, and 77210 of the Government Code.)