1997 Minnesota Statutes

     10A.13 Accounts which must be kept. 

    Subdivision 1.  The treasurer of a political committee or 
 political fund shall keep an account of: 

    (a) The sum of all contributions except any donation in 
 kind valued at $20 or less, made to the political committee or 
 political fund; 

    (b) The name and address of each source of a transfer made 
 to the political committee or political fund in excess of $20, 
 together with the date and amount of each; 

    (c) The name and address of each source of a donation in 
 kind valued in excess of $20, together with the date and amount; 

    (d) Each expenditure made by the committee or fund, 
 together with the date and amount; 

    (e) Each approved expenditure made on behalf of the 
 committee or fund, together with the date and amount; and 

    (f) The name and address of each political committee or 
 political fund to which transfers in excess of $20 have been 
 made, together with the date and amount. 

    Any individual who knowingly violates any provision of this 
 subdivision is guilty of a misdemeanor. 

    Subd. 2.  The treasurer shall obtain a receipted bill, 
 stating the particulars, for every expenditure in excess of $100 
 made by, or approved expenditure in excess of $100 made on 
 behalf of, a political committee or political fund, and for any 
 expenditure or approved expenditure in a lesser amount if the 
 aggregate amount of lesser expenditures and approved 
 expenditures made to the same individual or association during 
 any year exceeds $100.  The treasurer shall preserve all 
 receipted bills and accounts required to be kept by this section 
 for four years. 

    HIST: 1974 c 470 s 13; 1978 c 463 s 43