Statute
AB 488
10 published works
Nonprofit Law Blog
California Regulations: Charitable Fundraising Platforms and Platform Charities – Part 1
On March 24, 2024, California approved final regulations governing charitable fundraising platforms and platform charities. These regulations implement Assembly Bill No. 488 (AB 488), an act that generally went into effect on January…
For Purpose Law Group Blog
Final CA Crowdfunding Regulations – At Last!
Over two years ago, as Governor Gavin Newsom approved AB 488, the nation’s first-of-its-kind charitable-crowdfunding law, the head of the California Association of Nonprofits, Jan Masaoka, described the statute as…
Nonprofit Law Blog
California Laws: Good Standing
You may sometimes hear the term “good standing” when asked about your nonprofit corporation and its status with one or more government agencies. What the term means varies depending on…
Nonprofit Law Blog
Online Fundraising: California Proposed Regulations – Article 1
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. The state’s Department of Justice (DOJ) initially…
Nonprofit Law Blog
California’s New Law for Charitable Fundraising Platforms
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. While regulations to fully implement AB 488…
For Purpose Law Group Blog
CA Crowdfunding Regulations: Last Chance to Comment
California’s landmark crowdfunding law, AB 488, is set to go into effect on New Year’s Day 2023, some fifteen months after the measure was signed into law by California’s governor.…
For Purpose Law Group Blog
CA Charitable Crowdfunding: New Proposed Regs
“This legislation impacts every single person who clicks on that ‘donate now’ button and every single nonprofit that receives funding this way.” That’s how Jan Masaoka, head of the California…
Nonprofit Law Blog
Crowdfunding Laws: Platform Charities
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. AB 488 makes changes to…
Nonprofit Law Prof Blog
California Enacts First State Charitable Crowdfunding Laws
California has enacted what I believe is the first U.S. law specifically relating to crowdfunding for the benefit of charities. The legislation is A.B. 488, which the Governor signed on…
For Purpose Law Group Blog
A New Crowdfunding Law – At Last!
“Is California where crowdfunding bills go to die?” That was a fair question in early 2018 when JD Alois of Crowdfund Insider wrote that, once again, the California legislature…