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44.10.503    DEPOSITS AND EXPENDITURES, ONLY BY CAMPAIGN TREASURER, THROUGH DEPOSITORY

(1) No contribution received or expenditure made by a candidate or political committee shall be deposited or expended except by the appointed campaign treasurer or duly authorized deputy treasurer through the designated primary or secondary depository.

(2) All funds received by the campaign treasurer shall be deposited as specified in 13-37-207, MCA, except that funds received prior to and on the fifth day before the date of filing of any report shall be deposited and reported on that report.

(3) All expenditures, except expenditures from the petty cash fund, shall be made by check drawn on the designated depository.

(a) Expenditures from the petty cash fund shall be by a receipt voucher designating the date the monies were withdrawn, the exact amount of the withdrawal and by whom the monies were withdrawn, the name of the person or vendor to whom the monies were paid, and the purpose for which the monies were used.   The receipt vouchers shall be attached to the cancelled check which provided the monies for the petty cash fund for the period and shall be maintained as a permanent record of the treasurer.

(b) No check shall be drawn payable to the order of cash, except that the withdrawal of monies for the purpose of providing a petty cash fund shall be by check drawn on the primary depository and payable to the order of cash.

History: Sec. 13-37-114, MCA; IMP, Sec. 13-37-205, 13-37-207, 13-37-215, 13-37-226(6), MCA; NEW, Eff. 1/1/76.

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