20A-11-304 - Legislative office candidate -- Financial reporting requirements -- Termination of duty to report.
20A-11-304. Legislative office candidate -- Financial reporting requirements --Termination of duty to report.
(1) Each legislative candidate is subject to interim reporting requirements until thecandidate withdraws or is eliminated in a convention or primary.
(2) Each legislative office candidate is subject to year-end summary reportingrequirements until the candidate has filed a statement of dissolution with the lieutenant governorstating that:
(a) the legislative office candidate is no longer receiving contributions and is no longermaking expenditures;
(b) the ending balance on the last summary report filed is zero and the balance in theseparate bank account required in Section 20A-11-301 is zero; and
(c) a final summary report in the form required by Section 20A-11-302 showing a zerobalance is attached to the statement of dissolution.
(3) A statement of dissolution and a final summary report may be filed at any time.
(4) Each legislative office candidate shall continue to file the year-end summary reportrequired by Section 20A-11-302 until the statement of dissolution and final summary reportrequired by this section are filed with the lieutenant governor.
Amended by Chapter 355, 1997 General Session