§ 3-9-2-9 — Transfer of contributions to treasurer; segregation of funds

(a) Each person who accepts a contribution for a
committee shall, on demand of the treasurer of the committee, and in
any case within thirty (30) days after receipt of the contribution,
transfer to the treasurer the actual contribution if it is money or a
detailed account if it is other than money.
(b) The transfer must include the actual monetary value and the
information about the contribution required to be reported by the
treasurer under IC 3-9-5-14.
(c) This subsection applies to a committee that accepts contributions
or makes expenditures in an aggregate amount of more than two
hundred dollars ($200) in a year. All funds of a committee must be
segregated from, and may not be commingled with, the personal funds
of officers, members, or associates of the committee.
[Pre-1986 Recodification Citation: 3-4-3-7.]

Legislative History

As added by P.L.5-1986, SEC.5. Amended by P.L.7-1990, SEC.31; P.L.3-1997, SEC.178.