Cal. Code Regs. tit. 2 § 18421

Current through Register 2024 Notice Reg. No. 24, June 14, 2024

Section 18421 - Cash Equivalents

In reporting the balance of cash and cash equivalents on a campaign statement pursuant to Government Code Section 84211(e), a candidate or committee shall report separately:

(a) The balance of cash. This means the combined balance in all campaign checking accounts and savings accounts, money market funds and certificates of deposit.

(b) The balance of cash equivalents. This means the combined original cost of all investments and interests in real property purchased with campaign funds, which are not reported as cash pursuant to subsection (a).

Cal. Code Regs. Tit. 2, § 18421

1. New section filed 3-3-86; effective thirtieth day thereafter (Register 86, No. 10).

Note: Authority cited: Section 83112, Government Code. Reference: Section 84211(e), Government Code.

1. New section filed 3-3-86; effective thirtieth day thereafter (Register 86, No. 10).