Minn. Stat. § 10A.13

Current through Register Vol. 49, No. 8, August 19, 2024
Section 10A.13 - ACCOUNTS THAT MUST BE KEPT
Subdivision 1.Accounts; penalty.

The treasurer of a political committee, political fund, principal campaign committee, or party unit must keep an account of:

(1) the sum of all contributions, except any donation in kind valued at $20 or less, made to the committee, fund, or party unit;
(2) the name and address of each source of a contribution made to the committee, fund, or party unit in excess of $20, together with the date and amount of each;
(3) each expenditure made by the committee, fund, or party unit, together with the date and amount;
(4) each approved expenditure made on behalf of the committee, fund, or party unit, together with the date and amount; and
(5) the name and address of each political committee, political fund, principal campaign committee, local candidate, or party unit to which contributions in excess of $20 have been made, together with the date and amount.

Any individual who knowingly violates this subdivision is subject to a civil penalty imposed by the board of up to $1,000.

Subd. 2.Receipts.

The treasurer must obtain a receipted bill, stating the particulars, for every expenditure over $100 made by, or approved expenditure over $100 made on behalf of, the committee, fund, or party unit, and for any expenditure or approved expenditure in a lesser amount if the aggregate amount of lesser expenditures and approved expenditures made to the same individual or association during the same year exceeds $100.

Minn. Stat. § 10A.13

1974 c 470 s 13; 1978 c 463 s 43; 1999 c 220 s 16, 50; 2002 c 363 s 13

Amended by 2021 Minn. Laws, ch. 31,s 4-22, eff. 1/1/2022.