2 AAC 50.320. General recordkeeping requirements

(a) A candidate, group, or nongroup entity required to report contributions or expenditures under AS 15.13 shall maintain detailed records of all contributions received and expenditures made.

(b) A candidate or treasurer shall record the receipt of each contribution received, unless otherwise exempted by this chapter, regardless of the dollar amount or value of the contribution.

(d) Each bookkeeping record required under this section must be maintained by the candidate or the treasurer and may not be destroyed for a period of two years from the date of the contribution. The records must be available for inspection by the commission upon request of the commission.

(e) If a required report includes an expenditure to an advertising agency or to an individual or business that provides campaign consultation or management services, the report must disclose in detail all services rendered, including the name of each business from which campaign goods or services were purchased or subcontracted or media advertising placed, and the amount of the expenditure. The filer shall provide documentation of the service upon the request of commission staff.

History: Eff. 5/14/80, Register 74; am 1/1/2001, Register 156; am 2/20/2005, Register 173

Authority: AS 15.13.030

AS 15.13.040

AS 15.13.076

AS 15.13.380

Editor's note: The substance of 2 AAC 50.320(e) was formerly located at 2 AAC 50.340. The history note for 2 AAC 50.320 does not reflect the history of 2 AAC 50.340.

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