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California Enacts Law Regulating Online Charitable Fundraising Platforms

20 Oct 2021 4:04 PM | Anonymous

The State of California signed into law Assembly Bill 488 with the goal of providing critical oversight by the California Department of Justice over charitable fundraising that occurs on internet platforms. Given the rise of charitable giving through internet platforms (such as those engaged in crowdfunding), the new law is designed to protect both donors and charities from deceptive or misleading solicitations by creating a framework that specifically defines online platform entities and requires them to register and report to the Attorney General’s Registry of Charitable Trusts.  

More information on the new law can be found at https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220AB488.  


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