{"data":{"id":"us-ca/prc-71562","jurisdiction":"us-ca","citation":"PRC § 71562","heading":"","body":"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:\n(a) Ceases operations.\n(b) Is dissolved.\n(c) Becomes bankrupt or insolvent.\n(d) Fails to perform its fiduciary duties.","path":["Public Resources Code - PRC","DIVISION 37. CALIFORNIA ENDOWMENT FOR MARINE PRESERVATION [71500. - 71562.]","CHAPTER 6. Financial Transactions and Audits [71560. - 71562.]"],"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":"1bd3d5570beeaa2e3eda800ee18a781eac5042fb304b5be151df5004482e3456","source_id":"us-ca","stale":false,"prev":"us-ca/prc-71561","next":"us-ca/prc-72400"},"notice":"GroundRules: Original legal text. Not legal advice."}