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12-27-19 Statements required for organization to make contribution to ballot question committee--Di...
     12-27-19.   Statements required for organization to make contribution to ballot question committee--Disclosure of information by committee--Violation as misdemeanor. Before making a contribution to a ballot question committee pursuant to § 12-27-18, an organization shall provide to the ballot question committee the following:
             (1)      A statement that the organization is filed as a domestic or foreign entity in good standing with the Office of the Secretary of State of this state;
             (2)      A statement that the organization is filed as an entity in good standing with another jurisdiction, and setting forth the following:
             (a)      The name of the organization;
             (b)      The name of the state or nation under whose law the organization is incorporated or organized; and
             (c)      The street address of the organization's principal office; or
             (3)      If neither of the above apply, a statement providing:
             (a)      The name of the organization;
             (b)      The street address of the organization's principal office;
             (c)      The name and street address of the person authorizing the contribution; and
             (d)      The name and street address of every owner, director, and officer of the organization.
     Before contributing more than ten thousand dollars in the aggregate to a ballot question committee pursuant to § 12-27-18, an organization shall provide to the ballot question committee a sworn written statement made by the president and treasurer of the organization declaring and affirming, under the penalty of perjury, the following:
             (1)      The name and street address of every person who owns ten percent or more of the organization, has provided ten percent or more of the organization's gross receipts, including capital contributions, in the current or preceding year, or has provided ten percent or more of the funds being contributed to the ballot question committee; and
             (2)      That no part of the contribution was raised or collected by the organization for the purpose of influencing the ballot question.
     A ballot question committee shall disclose in its applicable campaign financial disclosure statement or supplement statement all information received from an organization pursuant to this section. No ballot question committee may accept any contribution from an organization not preceded or accompanied by the statements required by this section. Except as provided by § 22-29-1, violation of this section is a Class 1 misdemeanor.

Source: SL 2007, ch 80, § 19; SL 2009, ch 66, § 1.


Chapter 12-27

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