Current through December 26, 2024
Section 410-RICR-10-00-13.6 - SEPARATE CAMPAIGN-RELATED ACCOUNTSA. In accordance with R.I. Gen. Laws § 17-25.3-2, an independent spender may establish a separate campaign-related account to make covered disbursements. The separate campaign-related account shall be maintained separately from all other accounts controlled by the independent spender and shall consist exclusively of amounts paid directly to the account by persons other than the independent spender.B. An independent spender that establishes a separate campaign-related account shall not make any transfer or payments from its general treasury into the separate campaign-related account.C. An independent spender that establishes a separate campaign-related account shall not make a covered disbursement from any source other than the separate campaign-related account.D. An independent spender that establishes a separate campaign-related account shall exclusively use amounts in the account to make covered disbursements. Upon dissolution of a separate campaign-related account, any surplus funds in the account shall be returned to donors on a prorated basis, distributed to state or municipal governments or agencies, or donated to any organization which is a tax-exempt organization under § 501(c)(3) of the Internal Revenue Code of 1986.E. An independent spender that establishes a separate campaign-related account shall file reports of covered disbursements made from the account in accordance with § 13.5 of this Part.410 R.I. Code R. 410-RICR-10-00-13.6
Adopted effective 4/3/2024