Trump Foundation Agrees To Dissolve Under Judicial Supervision - New York Attorney General

Faizan Hashmi Published December 18, 2018 | 10:26 PM

The Trump Foundation signed a stipulation agreeing to dissolve under judicial supervision following the appropriate court decision, New York Attorney General Barbara Underwood said in a press release on Tuesday.

NEW YORK (UrduPoint News / Sputnik - 18th December, 2018) The Trump Foundation signed a stipulation agreeing to dissolve under judicial supervision following the appropriate court decision, New York Attorney General Barbara Underwood said in a press release on Tuesday.

"Today's stipulation accomplishes a key piece of the relief sought in our lawsuit earlier this year," Underwood said. Under the terms, the Trump Foundation can only dissolve under judicial supervision - and it can only distribute its remaining charitable assets to reputable organizations approved by my office."