14-10110. Others treated as qualified
beneficiaries


A. A charitable organization that is expressly and irrevocably designated to
receive distributions under the terms of a charitable trust or a person appointed to
enforce a trust created for the care of an animal or another noncharitable purpose as
provided in section 14-10408 or 14-10409 has the rights of a qualified beneficiary under
this chapter.


B. With respect to a charitable trust created on or after January 1, 2009 having
its principal place of administration in this state, a trustee:


1. Within sixty days after the creation of a charitable trust, shall promptly
furnish to the attorney general a copy of the portions of the charitable trust instrument
that are necessary to describe the charitable purpose.


2. Within sixty days after accepting a trusteeship for a charitable trust, shall
notify the attorney general of the acceptance and of the trustee's name, address and
telephone number.


3. At least thirty days in advance, shall notify the attorney general of any of the
following:


(a) Any change in the charitable trust's principal place of administration to
another state.


(b) Any dissolution of the charitable trust.


(c) Any change in the charitable purpose of the charitable trust.


(d) Any court proceedings regarding the charitable trust.


(e) Any change in the method or rate of the trustee's compensation.


C. For the purposes of subsection B of this section, a "charitable trust" means a
trust that is a qualified entity under section 501(c)(3) of the internal revenue code for
tax exempt status under section 501(a) of the internal revenue code.