Current through the 2023 Regular Session
Section 13-37-240 - Surplus campaign funds(1) A candidate shall dispose of any surplus funds from the candidate's campaign within 120 days after the time of filing the closing campaign report pursuant to 13-37-228. In disposing of the surplus funds, a candidate may not contribute the funds to another campaign, including the candidate's own future campaign, or use the funds for personal benefit. A successful candidate for a statewide elected or legislative office or for public service commissioner may establish a continuing service account as provided in 13-37-402. The candidate shall provide a supplement to the closing campaign report to the commissioner showing the disposition of any surplus campaign funds.(2) For purposes of this section, "personal benefit" means a use that will provide a direct or indirect benefit of any kind to the candidate or any member of the candidate's immediate family.Amended by Laws 2023, Ch. 271,Sec. 1, eff. 7/1/2023.En. Sec. 3, I.M. No. 118, approved 11/8/1994; amd. Sec. 3, Ch. 487, L. 2007.