Ariz. Admin. Code § 2-20-813

Current through Register Vol. 30, No. 45, November 8, 2024

Section R2-20-813 - Transactions and Structuring

A. A person, including an individual, may rely on records provided to the person as documentation of a transaction related to campaign media spending if the records are provided by an independent person who owns or controls the monies involved in the transaction. The person claiming reliance bears the burden of showing the reliance is reasonable by a preponderance of the evidence. The person claiming reliance must not have knowledge the records are false or misleading, and must not refuse to consider or produce information that indicates the records are false or misleading.

B. A person who is not a covered person may provide the notice prescribed by A.R.S. § 16-972(B) to another person who has given that person monies before transferring monies or making an in-kind donation to a covered person.

C. In order to establish structuring, the Executive Director shall provide evidence that a person acted willfully with regard to the transaction or other circumstance.

Ariz. Admin. Code § R2-20-813

New Section made by final exempt rulemaking at 29 A.A.R. 3687, effective 10/26/2023.