68A.501 - FUNDS FROM UNKNOWN SOURCE -- ESCHEAT.
68A.501 FUNDS FROM UNKNOWN SOURCE -- ESCHEAT.
The expenditure of funds from an unknown or unidentifiable source
received by a candidate or committee is prohibited. Such funds
received by a candidate or committee shall escheat to the state. Any
candidate or committee receiving such contributions shall remit such
contributions to the board which shall forward it to the treasurer of
state for deposit in the general fund of the state. Persons
requested to make a contribution at a fundraising event shall be
advised that it is illegal to make a contribution in excess of ten
dollars unless the person making the contribution also provides the
person's name and address. Section History: Early Form
[C77, 79, 81, § 56.27] Section History: Recent Form
C91, § 56.3A
2003 Acts, ch 40, §9; 2003 Acts, ch 145, §286
CS2003, §68A.501
2007 Acts, ch 14, §8