2 AAC 50.384. Disbursement of group campaign assets

(a) Following the election, a group may

(1) leave its money in a campaign account until the following election if the group plans to remain active;

(2) contribute the money to another candidate or group subject to the contribution limitations and other requirements of AS 15.13;

(3) donate the money to qualified charitable organizations under 26 U.S.C. 501(c)(3);

(4) repay its contributors; or

(5) pay for a victory or thank you party.

(b) A group may not disburse funds in a manner other than that set out in (a) of this section except if approved by advisory opinion under AS 15.13.374 .

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

Authority: AS 15.13.030

AS 15.13.112

Editor's note: The substance of 2 AAC 50.384 was formerly located at 2 AAC 50.400. The history note does not reflect the history of the earlier regulation.

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