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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 25. (a) A member of a committee that has appointed a treasurer in accordance with this chapter may solicit or receive contributions as long as the member immediately turns over the contributions without diminution to the treasurer of the committee, to be disbursed and accounted for by the treasurer as provided by this article. The treasurer shall show, in the treasurer's account and statement and in addition to the requirements of IC 3-9-5, through what member of the committee any contributions were received.
(b) A contribution is considered to be received and accepted by a committee when any member of the committee:
(1) has physical possession of the contribution; and
(2) manifests an intent to keep the contribution by depositing the contribution, subject to IC 3-9-5-14(c).
(c) A treasurer of a political action committee shall, before accepting a contribution to influence an election on a public question, obtain from the person offering the contribution an affirmation that the person:
(1) is not a foreign national; and
(2) has not knowingly or willfully accepted contributions:
(A) that exceed, in the aggregate, fifty thousand dollars ($50,000);
(B) from one (1) or more prohibited sources; and
(C) within the four (4) years preceding the date the contribution is offered by the person.
Cite this article: FindLaw.com - Indiana Code Title 3. Elections § 3-9-1-25 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-3-elections/in-code-sect-3-9-1-25/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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