1998 Minnesota Statutes

     10A.241 Transfer of debts. 

    Notwithstanding any provisions of this chapter to the 
 contrary except as provided in this section, a candidate may 
 terminate the candidate's principal campaign committee for one 
 state office by transferring any debts of that committee to the 
 candidate's principal campaign committee for another state 
 office, provided that any outstanding unpaid bills or loans from 
 the committee being terminated are assumed and continuously 
 reported by the committee to which the transfer is being made 
 until paid or forgiven.  A loan that is forgiven is covered by 
 section 10A.20 and, for purposes of section 10A.324, is a 
 contribution to the principal campaign committee from which the 
 debt was transferred under this section. 

    HIST: 1986 c 475 s 1; 1991 c 199 art 2 s 1