Section 20A-11-705 - Notice of in-kind contributions(1) A corporation that makes an in-kind contribution to a reporting entity shall, in accordance with Subsection (2), provide the reporting entity a written notice that includes: (a) the name and address of the corporation;(b) the date of the in-kind expenditure;(c) a description of the in-kind expenditure; and(d) the value, in dollars, of the in-kind expenditure.(2) A corporation shall provide the written notice described in Subsection (1) to the reporting entity:(a) except as provided in Subsection (2)(b), within 31 days after the day on which the corporation makes the in-kind contribution; or(b) within seven business days after the day on which the corporation makes the in-kind contribution, if:(i) the in-kind contribution is to a candidate who is contested in a convention and the corporation makes the in-kind contribution within 30 days before the day on which the convention is held;(ii) the in-kind contribution is to a candidate who is contested in a primary election and the corporation makes the in-kind contribution within 30 days before the day on which the primary election is held; or(iii) the in-kind contribution is to a candidate who is contested in a general election and the corporation makes the in-kind contribution within 30 days before the day on which the general election is held.(3) A corporation that provides, and a reporting entity that receives, the written notice described in Subsection (1) shall retain a copy of the notice for five years after the day on which the written notice is provided to the reporting entity.(4) A corporation or reporting entity that fails to comply with the requirements of this section is guilty of a class B misdemeanor.(5) A person that intentionally or knowingly provides, or conspires to provide, false information on a written notice described in this section is guilty of a class B misdemeanor.Amended by Chapter 20, 2021 General Session ,§ 12, eff. 3/5/2021.Amended by Chapter 83, 2018 General Session ,§ 10, eff. 5/8/2018.Added by Chapter 296, 2015 General Session ,§ 18, eff. 5/12/2015.