§ 1622Organization of Political Committees; Treasurer and Assistant Treasurer; Records of Candidate and Committees

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(a) Every political committee shall have a treasurer and a
chairman. No contribution shall be received nor shall any
expenditure be made when there is a vacancy in either one of
these offices. All money received and disbursed by a political
committee must be done through the treasurer of the committee.
   (b) Every candidate who authorizes a committee or
committees, to receive and disburse funds on behalf of this
candidacy, shall name a sole treasurer, irrespective of the
number of committees so authorized, to receive and disburse all
funds for said committees. Nothing herein shall be construed
to prohibit a candidate from receiving or expending moneys on
his behalf or a treasurer of a political party committee or a
committee authorized to receive and distribute funds on behalf
of more than one (1) candidate from receiving or expending
moneys on behalf of said candidates, notwithstanding the
appointment of a sole treasurer. A sole treasurer may delegate
authority, in writing, to any number of assistant treasurers
to receive and disburse moneys collected on behalf of a
candidate for election. Nothing in this section shall prohibit
authorized individuals from selling tickets or soliciting funds
when funds are deposited in the campaign account of the
candidate.
   (c) Each candidate and committee shall keep records of the
names and addresses of each person from whom a contribution of
over ten dollars ($10) has been received and a record of all
other information required to be reported pursuant to this act.
All such records shall be retained by the candidate or treasurer
for a period of three (3) years after such information is
reported as required by this act. ((c) amended July 11, 1980,
P.L.591, No.127)
   (d) Any person receiving any contribution on behalf of a
political committee or candidate shall turn such contributions
over to the treasurer of that committee or the candidate within
ten (10) days of its receipt.

   (1622 added Oct. 4, 1978, P.L.893, No.171)

Primary source. The text above is the canonical statute body as it appears in this revision of the atlas. Verify against the official gazette before quoting in litigation or formal advice. Spot an error? Suggest a correction.