Current through Register Vol. XLI, No. 44, November 1, 2024
Section 146-5-7 - Challenges to the Validity of a Contribution7.1. Any person may challenge the validity of any qualifying contribution.7.2. A challenge is to be filed on a form provided by the SEC providing: 7.2.a. Name, mailing address, phone number;7.2.b. Signature of challenger;7.2.c. Identity of receipt challenged; and7.2.d. Reason for challenge;7.3. The challenger should attach any relevant evidence, affidavits, or notarized statements to the form. Challenge forms must be filed with, and received by, the Secretary within two business days after the close of the qualifying period or the filing of a candidate's Application for Certification, whichever is earlier.7.4. If the SEC determines the candidate has sufficient numbers and amounts of non-challenged contributions to meet requirements, then challenge(s) is(are) dismissed.7.5. The SEC must determine by the end of next business day whether the challenge is sustained and notify the candidate and challenger.7.6. If the challenge is sustained, the candidate has five business days to provide a replacement contribution.7.7. Any replacement contribution receipt must be filed electronically with the Secretary. Replacement contributions may be collected outside the time period allowed for the collection of regular contributions, but must be collected within five business days following the filing of a challenge.7.8. A replacement contribution is subject to challenge within two business days of filing.