{"data":{"id":"us-ca/gov-12599.8","jurisdiction":"us-ca","citation":"GOV § 12599.8","heading":"","body":"For any year that the balance sheet of a charitable organization shows that it holds restricted net assets, while reporting negative unrestricted net assets, the organization shall provide an explanation of its compliance with its charitable trust responsibilities and proof of directors’ and officers’ liability insurance coverage to the Attorney General’s Registry of Charities and Fundraisers.","path":["Government Code - GOV","TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]","DIVISION 3. EXECUTIVE DEPARTMENT [11000. - 15990.3.]","PART 2. CONSTITUTIONAL OFFICERS [12001. - 12790.]","CHAPTER 6. Attorney General [12500. - 12661.]","ARTICLE 7. Supervision of Trustees and Fundraisers for Charitable Purposes Act [12580. - 12599.10.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"8984b4d6f5998cc954c74d0320209e14b140ecaa30fdc2c1d7b195451c4a4318","source_id":"us-ca","stale":false,"prev":"us-ca/gov-12599.7","next":"us-ca/gov-12599.9"},"notice":"GroundRules: Original legal text. Not legal advice."}