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10A.11 ORGANIZATION OF COMMITTEES AND PARTY UNITS.

Subdivision 1.Chair and treasurer.

A political committee, principal campaign committee, or party unit must have a chair and a treasurer. The chair and treasurer may be the same individual.

Subd. 2.Treasurer vacancy.

A political committee, principal campaign committee, or party unit may not accept a contribution or make an expenditure or permit an expenditure to be made on its behalf while the office of treasurer is vacant.

Subd. 3.Deputy treasurers.

The treasurer of a political committee, principal campaign committee, or party unit may appoint as many deputy treasurers as necessary and is responsible for their accounts.

Subd. 4.Depositories.

The treasurer of a political committee, principal campaign committee, or party unit may designate one or two depositories in each county in which a campaign is conducted.

Subd. 5.Commingling prohibited.

A political committee, principal campaign committee, or party unit may not commingle its funds with personal funds of officers, members, or associates of the committee.

Subd. 6.

[Repealed, 1978 c 463 s 109]

Subd. 7.Penalty.

A person who knowingly violates this section is subject to a civil penalty imposed by the board of up to $1,000.