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4503.0600 USE OF CREDIT CARDS.

Subpart 1.

Contributions.

A candidate or treasurer of a political committee or political fund may approve the solicitation and collection of campaign contributions through the use of credit cards. An organization that issues credit cards, when acting in the ordinary course of business by collecting and disbursing funds designated by the card holders for contributions to a committee or fund, is not required to register or report.

Subp. 2.

Expenditures; disbursements.

A treasurer who reimburses a credit card company for campaign expenditures or noncampaign disbursements that require itemization on a report of receipts and expenditures under Minnesota Statutes, section 10A.20, must disclose the purpose and the name and address of the vendor supplying the good or service for which payment is made.

Statutory Authority:

MS s 10A.02

History:

15 SR 1512; 20 SR 2504

Published Electronically:

February 28, 2006

Official Publication of the State of Minnesota
Revisor of Statutes