A candidate committee may be dissolved in the same manner as provided in section 003, except that a candidate committee of a person who is an incumbent, eligible for re-election to the same office, may not dissolve unless its statement of dissolution contains an additional verified declaration of such person that he or she has not filed and will not file for re-election to the same office or has withdrawn such filing.
.01 A candidate committee of an officeholder eligible for reelection to the same office may be dissolved if the officeholder is seeking election to a different office and has established a separate candidate committee for that purpose. The committee shall be dissolved in the same manner as provided in section 003..02 An officeholder who is eligible for reelection may dissolve his or her candidate committee upon a showing that all of the following factors apply:.002A The committee has no cash balance;.002B The committee has no outstanding debts;.002C The committee showed no activity on its last annual Campaign Statement;.002D The candidate and treasurer agree to accept no contributions and make no expenditures until the calendar year in which the candidate next seeks reelection..03 An officeholder holding the office of Governor, Lieutenant Governor, Auditor of Public Accounts, Attorney General, State Treasurer, Secretary of State, member of the Legislature, member of the Public Service Commission, member of the Board of Regents of the University of Nebraska, or member of the State Board of Education is not eligible to dissolve his or her committee pursuant to this section.4 Neb. Admin. Code, ch. 4, § 004