§ Ethics Rule 2.80Statement of Organization - Filing time limits

A political action committee shall file a Statement of
Organization with the Commission at any earlier time but no later than
ten (10) days after the committee receives contributions in excess of
One Thousand Dollars ($1,000.00) or makes expenditures in excess of One
Thousand Dollars ($1,000.00). A political action committee that has
filed a Statement of Organization and that has not dissolved as provided
in these Rules shall renew its registration during the month of January
of each year by filing a Statement of Organization. The renewal of a
Statement of Organization filed by a political action committee shall
not be accepted unless the political action committee has filed all
Reports of Contributions and Expenditures and paid any fees required
during the preceding calendar year. In the event a political action
committee has not filed all Reports of Contributions and Expenditures
and paid fees required during the preceding calendar year, the political
action committee shall be prohibited from accepting contributions or
making expenditures, except for paying fees, until it is current in
filing Reports and fees.