1998 Minnesota Statutes

     10A.12 Political funds. 

    Subdivision 1.    Transfers must be from political fund. 
  No association other than a political committee shall 
 transfer more than $100 in aggregate in any one year to 
 candidates or political committees or make any approved or 
 independent expenditure or expenditure to promote or defeat a 
 ballot question unless the transfer or expenditure is made from 
 a political fund.  

    Subd. 2.    Commingling.  The contents of a political 
 fund shall not be commingled with any other funds or with the 
 personal funds of any officer or member of the fund. 

    Subd. 3.    Treasurer.  Each association which has a 
 political fund shall elect or appoint a treasurer of the 
 political fund. 

    Subd. 4.    Vacancy in office of treasurer.  No 
 contributions to the political fund shall be accepted and no 
 expenditures or transfers from the political fund shall be made 
 while the office of treasurer of the political fund is vacant. 

    Subd. 5.    Dues or membership fees.  Notwithstanding 
 subdivision 1, any association may, if not prohibited by other 
 law, deposit in its political fund money derived from dues or 
 membership fees.  Pursuant to section 10A.20, the treasurer of 
 the fund shall disclose the name of any member whose dues, 
 membership fees and contributions deposited in the political 
 fund together exceed $100 in any one year. 

    Subd. 6.    Penalty.  Any person who knowingly violates 
 the provisions of this section is guilty of a misdemeanor. 

    HIST: 1974 c 470 s 12; 1978 c 463 s 40-42; 1980 c 587 art 2 s 
 8; 1980 c 607 art 17 s 9; 1987 c 214 s 2