12-27-29 Records required to be kept by treasurer of political committee--Violation as misdemeanor....
Records required to be kept by treasurer of political committee--Violation as
The treasurer of a political committee shall maintain and preserve detailed and
accurate records of the following:
Each contribution received by the political committee. Any contribution of one hundred
dollars or less shall be noted on the political committee's books and a running total of
each contributor shall be maintained;
Each donated good or service contribution received by the political committee. Upon
request of the treasurer, any person making a donated good or service contribution shall
provide all necessary information to the treasurer, including the value of the contribution;
In the case of a ballot question committee, the information required by § 12-27-19 for any
Each loan received or made by the political committee;
Each refund, rebate, interest, or other income received by the political committee;
All receipts, invoices, bills, canceled checks, or other proofs of payment, with an
explanation of each, for each expenditure;
The name and address of any financial institution where an account or depository for the
political committee is maintained including the account number.
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The treasurer shall maintain and preserve the records for a period of seven years or three years
past the date of filing the termination statement for the election for which the contribution or
expenditure was made, whichever is earlier. A violation of this section is a Class 2 misdemeanor.
Any subsequent offense within a calendar year is a Class 1 misdemeanor.
Source: SL 2007, ch 80, § 29; SL 2017, ch 71, § 31; SL 2018, ch 84, § 9.
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