Section 0530-01-03-.05 - BOOKKEEPING PROCEDURES(1) A candidate must adopt a record-keeping system to distinguish between contributions made for a primary election and those made for a general election. Contributions received for a general election may not be spent in the preceding primary election, but any funds remaining from a primary election may be used in a subsequent general election.(2) A candidate through his/her record-keeping system must be able to determine the aggregate amount of contributions received per election from each contributor.(3) A candidate must have a bookkeeping system in place documenting contributions and expenditures. The Registry recommends that candidates and their committees maintain copies of all contributions received or in the alternative a journal or listing of contributions and expenditures.Tenn. Comp. R. & Regs. 0530-01-03-.05
Original rule filed August 29, 2001; effective December 28, 2001.Authority: T.C.A. §§ 2-10-105(f), 2-10-206(5), and 2-10-207(1).