Montana Code 13-37-603. Reporting entity — reports required — exception
13-37-603. Reporting entity — reports required — exception. (1) A reporting entity shall keep detailed records of all contributions received and expenditures made by or on behalf of the reporting entity. If the reporting entity is a minor party qualification committee, the treasurer appointed pursuant to 13-37-602 shall keep the records on behalf of the minor party qualification committee.
Terms Used In Montana Code 13-37-603
- Commissioner: means the commissioner of political practices created by 13-37-102. See Montana Code 13-37-101
- Contribution: means :
(i)the receipt by a candidate or a political committee of an advance, gift, loan, conveyance, deposit, payment, or distribution of money or anything of value to support or oppose a candidate or a ballot issue;
(ii)an expenditure, including an in-kind expenditure, that is made in coordination with a candidate or ballot issue committee and is reportable by the candidate or ballot issue committee as a contribution;
(iii)the receipt by a political committee of funds transferred from another political committee; or
(iv)the payment by a person other than a candidate or political committee of compensation for the personal services of another person that are rendered to a candidate or political committee. See Montana Code 13-1-101
- Election: means a general, special, or primary election held pursuant to the requirements of state law, regardless of the time or purpose. See Montana Code 13-1-101
- Knowingly: means only a knowledge that the facts exist which bring the act or omission within the provisions of this code. See Montana Code 1-1-204
- Person: means an individual, corporation, association, firm, partnership, cooperative, committee, including a political committee, club, union, or other organization or group of individuals or a candidate as defined in subsection (8). See Montana Code 13-1-101
(2)A reporting entity may not knowingly report a contribution in the name of any person other than the person by whom it was actually furnished.
(3)A reporting entity shall file periodic reports containing the information required by 13-37-605 pursuant to the dates required by 13-37-604.
(4)Records kept pursuant to this section must be preserved by the reporting entity for 4 years from the date prescribed in 13-10-609(2) on which the signatures were presented or otherwise would have been presented to the election administrator.
(5)The commissioner may inspect records or accounts that must be kept pursuant to this part, as long as the inspection is made during reasonable office hours.
(6)If a reporting entity is otherwise required to file a report under Title 13, chapter 37, part 2, concerning the same matters required to be reported under this part, the reporting entity may not be required to file a duplicate report or duplicate information but shall file the information in one report.