(a) Any candidate or aspirant who raises or expends over five hundred dollars ($500) from his/her own money, shall designate one (1) committee as his/her campaign committee within ten (10) business days after making such expense or receiving such contribution, and such designation shall be included in the statement of organization of such committee.
(b) No candidate or aspirant shall designate more than one (1) committee as his/her campaign committee. The foregoing does not prevent a candidate or aspirant from authorizing additional committees or participating in a committee established to support a slate or group of candidates or aspirants that include such candidate or aspirant, or from participating in joint fundraising efforts, provided however, that all expenditures are disbursed or accounted in a pro-rata manner between the participating candidates or aspirants. In the specific case of committees created to support a slate of candidates for the same office, except for the office of governor, the expenditures of this committee shall not be deemed to be a contribution to the candidates it supports, provided that other candidates are not mentioned, in which case, the coordination shall be presumed and be charged as a campaign expenditure to the mentioned candidate. This committee may receive contributions within the limits applicable to political action committees. For the purposes of this provision, the mere presence of a candidate or aspirant at a fundraising activity of another candidate or aspirant shall not mean that a joint fundraising effort has been carried out.
History —Nov. 18, 2011, No. 222, § 7.004; July 3, 2012, No. 135, § 18; renumbered as § 6.004 and amended on Dec. 19, 2014, No. 233, § 37.