(1) pay all outstanding obligations;

(2) subject to subsection (b) of this section, dispose of any funds remaining after the payment of all outstanding obligations in accordance with § 13-247 of this title; and

(3) terminate and file a final campaign finance report.

(b) Before disposing of any funds under subsection (a)(2) of this section, the treasurer of the candidate’s authorized candidate campaign committee shall consider the preferences expressed by the candidate, if any, when determining where to dispose of any funds remaining in the account of a campaign finance entity.