Section 383B.047 Accounts Which Must Be Kept
383B.047 ACCOUNTS WHICH MUST BE KEPT.
Subdivision 1.Contributions; expenditures; transfers.
The treasurer of any political committee, political fund or principal campaign committee shall keep an account of:
(1) the sum of all contributions made to the political committee, political fund, or principal campaign committee;
(2) the name and address of each source of a transfer or donation in kind, together with the date and amount;
(3) each expenditure made by or on behalf of the committee or fund together with the date and amount; and
(4) the name and address of each political committee, political fund, or principal campaign committee to which transfers have been made, together with the date and amount.
Subd. 2.Authorization of expenditures; receipts.
Each expenditure by a political committee, political fund or principal campaign committee shall be authorized by the treasurer. The treasurer may authorize not more than $20 per week as petty cash for miscellaneous expenditures. The treasurer shall obtain a receipted bill stating the particulars for every expenditure made by or on behalf of the political committee, political fund, or principal campaign committee.
History:
1980 c 362 s 7; 2005 c 11 s 5