§ 42600. Organization.
5 CA ADC § 42600Barclays Official California Code of Regulations
5 CCR § 42600
§ 42600. Organization.
(b) By December 31, 2012, the articles of incorporation or constitution of an auxiliary organization shall contain a provision that upon dissolution of the organization, net assets, other than trust funds, shall be distributed to a successor approved by the president of the campus and by the Chancellor.
Credits
Note: Authority cited: Sections 66600, 66606, 89030 and 89900, Education Code. Reference: Section 89900, Education Code.
History
1. Amendment and new subsection (e)(4) filed 4-1-69; effective thirtieth day thereafter (Register 69, No. 14).
2. Amendment filed 12-29-70; effective thirtieth day thereafter (Register 71, No. 1).
3. Amendment filed 8-22-72; effective thirtieth day thereafter (Register 72, No. 35).
4. Amendment filed 9-15-81; effective thirtieth day thereafter (Register 81, No. 38).
5. Amendment filed 5-29-2012; operative 5-29-2012. Submitted to OAL for printing only pursuant to Education Code section 89030.1(e) (Register 2012, No. 22).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 5, § 42600, 5 CA ADC § 42600
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