A multistate settlement with PayPal Charitable Giving Fund includes a $200,000 donation to the National Association of Attorneys General, and an assurance the nonprofit will provide adequate disclosures to help donors make informed decisions.
New York, Pennsylvania, Texas and the District of Columbia were among 22 signatories to enter the assurance of voluntary compliance, according to information released Tuesday. The agreement ended a national investigation—that Connecticut and Nebraska have co-led since 2017—into the nonprofit arm of California-based electronic money transfer company PayPal Inc.
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