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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) A member of a political committee that has surplus funds after all campaign debts have been paid shall not convert the surplus to personal use.
(b) Surplus funds in a political committee's account shall be:
(1) contributed to other candidates, political parties, or political committees subject to the contribution limits set forth in this chapter;
(2) contributed to a charity;
(3) contributed to the Secretary of State Services Fund; or
(4) liquidated using a combination of the provisions set forth in subdivisions (1)-(3) of this subsection.
(c) The “final report” of a political committee shall indicate the amount of the surplus and how it has been liquidated.
Cite this article: FindLaw.com - Vermont Statutes Title 17. Elections, § 2925. Political committees; surplus campaign funds - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-17-elections/vt-st-tit-17-sect-2925/
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 or via Westlaw before relying on it for your legal needs.
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