A state investigation into fundraising practices at California State University, Stanislaus found no violations of law or misuse of funds at its charitable foundation related to a Sarah Palin visit.
Attorney General Jerry Brown said Friday that the CSU Stanislaus Foundation exercised inadequate oversight of its $20 million in assets and has agreed to improve the administration of its fundraising operations.
Brown agreed to investigate the foundation at the request of state Sen. Leland Yee, a Democrat from San Francisco.
Brown probed how the foundation spent its money, as well as the university's refusal to turn over records related to a recent fundraiser appearance by Palin, the 2008 Republican vice presidential nominee.
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