Current through Register Vol. XLI, No. 50, December 13, 2024
Section 146-3-4 - Contributions for Inaugural Events4.1. An inaugural committee established for the purpose of soliciting or receiving contributions for the funding of all or any part of an inaugural event for any person elected to any state public office shall file a verified financial statement with the Secretary of State's Office relating to any contributions from one person in excess of $250.4.2. An inaugural committee shall file and retain detailed records of any contribution from one person in excess of $250.4.3. For purposes of this Section, "detailed records" shall contain the following information: 4.3.1. The full name of each person, firm, association or committee;4.3.2. The residence and mailing address of the contributor and may include a business telephone number, if available;4.3.3. In the case of an individual, his or her major business affiliation and occupation; and4.3.4. The amount of the contribution.4.4. The inaugural committee, financial agent or any person or officer acting on behalf of the committee shall file a sworn financial statement, containing the information required by Section 4.3 of this Rule for each person making a contribution in excess of $250, within ninety (90) days following the inaugural event.4.5. The sworn financial statement shall be on a form prescribed by the State Election Commission.4.6. Aggregate contributions of any person to any inaugural committee shall not exceed $5,000.4.7. Excess campaign assets, as defined in Section 7 of this Rule, may not be transferred to an inaugural committee.