Section 17-25-5.2 - Segregation of campaign funds(a) All campaign funds received and expended by a candidate, office holder, treasurer, or deputy treasurer, subject to the provisions of this chapter, shall be segregated from all other accounts. The candidate or office holder must maintain a separate campaign account, which shall not contain any non-campaign funds, at a financial institution that has a physical branch within this state. The comingling of a candidate's personal or business funds with campaign funds is expressly prohibited. As used herein, the term "financial institution" includes a bank or a credit union.(b)Applicability to political action committees. The provisions of this section shall apply to political action committees, as well as to individual candidates and office holders.R.I. Gen. Laws § 17-25-5.2
Added by 2015 Pub. Laws, ch. 23,§ 1, eff. 1/1/2016.Added by 2015 Pub. Laws, ch. 20,§ 1, eff. 1/1/2016.