§ Ethics Rule 2.46Political Party Committee Surplus Funds

Surplus funds of a political party committee are funds not
otherwise obligated when a political party ceases to be recognized
under the laws of the state. Such surplus funds may (1) be returned
to any contributor, as long as the amount returned does not exceed
the contributor’s contribution during the last calendar year in which
the contributor made a contribution or (2) be contributed to a
charitable organization as described in Section 501(c)(3) of Title 26
of the United States Code as it currently exists or as it may be
amended. Surplus funds remaining under the political party
committee’s control ninety (90) days after the political party ceases
to be recognized shall be deposited in the general revenue fund of
the state.