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Arizona Revised Statutes Title 16. Elections and Electors § 16-933. Transfer and disposal of committee monies; limitations

Current as of January 01, 2025 | Updated by Findlaw Staff

A. A committee that intends to terminate shall dispose of surplus monies as follows:

1. Return surplus monies to the contributor.

2. Contribute surplus monies pursuant to and within the limits prescribed in article 1.2 of this chapter.  1

3. In the case of a candidate committee, contribute surplus monies to a candidate committee for another candidate under the following conditions:

(a) The candidate committee makes the contribution after the time period for filing a nomination paper pursuant to § 16-311, subsection A.

(b) The candidate associated with the candidate committee that makes the contribution did not file a nomination paper to run for election in the current election cycle.

(c) In the case of a candidate committee for legislative office, the candidate committee makes the contribution when the legislature is not in regular legislative session.

(d) The candidate committee makes the contribution within the limits prescribed for individuals in § 16-912.

4. Donate surplus monies to a nonprofit organization that has tax exempt status under section 501(c)(3) of the internal revenue code.  2

5. In the case of a statewide or legislative candidate committee and subject to § 41-133, transfer surplus monies to the candidate's officeholder expense account.

B. Surplus monies shall not be used for or converted to personal use.

C. This section does not preclude the repayment of a loan to a committee.

1 Section 16-911 et seq.
2 Internal Revenue Code sections may be found in Title 26 of U.S.C.A.
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Cite this article: FindLaw.com - Arizona Revised Statutes Title 16. Elections and Electors § 16-933. Transfer and disposal of committee monies; limitations - last updated January 01, 2025 | https://codes.findlaw.com/az/title-16-elections-and-electors/az-rev-st-sect-16-933/

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