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Election Code | |
Campaign and Financial Reporting Requirements | |
Section 701 | Campaign financial reporting by corporations -- Filing requirements -- Statement contents. |
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20A-11-701. Campaign financial reporting by corporations -- Filing requirements
-- Statement contents. (1) (a) Each corporation that has made expenditures for political purposes that total at least $750 during a calendar year shall file a verified financial statement with the lieutenant governor's office: (i) on January 10, reporting expenditures as of December 31 of the previous year; (ii) seven days before the regular primary election date; (iii) on August 31; and (iv) seven days before the regular general election date. (b) The corporation shall report: (i) a detailed listing of all expenditures made since the last statement; (ii) for financial statements filed under Subsections (1)(a)(ii) through (iv), all expenditures as of five days before the required filing date of the financial statement; and (iii) whether the corporation, including an officer of the corporation, director of the corporation, or person with at least 10% ownership in the corporation: (A) has bid since the last financial statement on a contract, as defined in Section 63G-6-103, in excess of $100,000; (B) is currently bidding on a contract, as defined in Section 63G-6-103, in excess of $100,000; or (C) is a party to a contract, as defined in Section 63G-6-103, in excess of $100,000. (c) The corporation need not file a financial statement under this section if the corporation made no expenditures during the reporting period. (2) The financial statement shall include: (a) the name and address of each reporting entity that received an expenditure from the corporation, and the amount of each expenditure; (b) the total amount of expenditures disbursed by the corporation; and (c) a statement by the corporation's treasurer or chief financial officer certifying the accuracy of the financial statement.
Amended by Chapter 396, 2011 General Session |
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