383B.047 Accounts which must be kept.
Subdivision 1. Contributions; expenditures; transfers. The treasurer of any political committee, political fund or principal campaign committee 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 fund;
(b) The name and address of each source of a transfer or donation in kind in excess of $20, together with the date and amount;
(c) Each expenditure made by or on behalf of the committee together with the date and amount; and
(d) The name and address of each political committee or fund to which transfers in excess of $20 have been made, together with the date and amount.
Subd. 2. Authorization of expenditures; receipts. Each expenditure by a political committee, political fund or principal campaign committee shall be authorized by the treasurer. The treasurer may authorize not more than $20 per week as petty cash for miscellaneous expenditures. The treasurer shall obtain a receipted bill stating the particulars for every expenditure of more than $100 made by or on behalf of the political committee or fund, and for any expenditure of a lesser amount if the aggregate amount of lesser expenditures to the same individual or association during a year exceeds $100.
HIST: 1980 c 362 s 7
Official Publication of the State of Minnesota
Revisor of Statutes