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2019 California Code
Welfare and Institutions Code - WIC
DIVISION 1 - ADMINISTRATION OF WELFARE AND INSTITUTIONS
CHAPTER 1.8 - Acquisition and Disposition of Salvageable Personal Property for Charitable Purposes
Section 148.2.
Universal Citation: CA Welf & Inst Code § 148.2 (2019)
148.2.
Any organization qualified under Section 148.3 to solicit donations of salvageable personal property, or to sell salvageable personal property obtained by soliciting, shall: (a) maintain separate bank accounts and separate books and records for such solicitations or sales, and shall not commingle any proceeds of such solicitations or sales with any other assets; and (b) fully comply with the provisions of the Uniform Supervision of Trustees for Charitable Purposes Act (Article 7 of Chapter 6 (commencing with Section 12580) of the Government Code).
(Added by Stats. 1976, Ch. 500.)
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