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California · Through 2026-09-13

PRC § 71562

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Where this section sits in the code
  1. Public Resources Code - PRC
  2. DIVISION 37. CALIFORNIA ENDOWMENT FOR MARINE PRESERVATION [71500. - 71562.]
  3. CHAPTER 6. Financial Transactions and Audits [71560. - 71562.]

Funds held by the endowment shall revert to the state or to another public agency or nonprofit organization approved by the state if the endowment does any of the following:

(a) Ceases operations.

(b) Is dissolved.

(c) Becomes bankrupt or insolvent.

(d) Fails to perform its fiduciary duties.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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