New Mexico Statutes 1-19A-7. Guidelines and restrictions for contributions to and expenditures of certified candidates
A. All money distributed to a certified candidate shall be used only for that candidate’s campaign-related purposes in the election in which the money was distributed.
Terms Used In New Mexico Statutes 1-19A-7
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
B. Money from the fund received by a candidate shall not be used for:
(1) the candidate’s personal living expenses or compensation to the candidate or the candidate’s spouse, domestic partner, children or stepchildren;
(2) a contribution to another campaign of the candidate or a payment to retire debt from another such campaign;
(3) a contribution to the campaign of another candidate or to a political party or political committee or to a campaign supporting or opposing a ballot proposition;
(4) an expenditure supporting the election of another candidate or the passage or defeat of a ballot proposition or the defeat of any candidate other than an opponent of the certified candidate; provided that a certified candidate may purchase joint advertisements or services with other certified candidates;
(5) payment of a fine levied by a court or the secretary; or
(6) a gift or transfer for which compensating value is not received.
C. A certified candidate shall return to the fund any amount that is unspent or unencumbered at the time that person ceases to be a candidate before a primary or general election for which the fund money was distributed.
D. A certified candidate shall limit total campaign expenditures to the amount of money distributed to that candidate from the fund, money received from a political party pursuant to Section 1-19A-8 N.M. Stat. Ann. and contributions collected pursuant to Section 1-19A-4.1 N.M. Stat. Ann.. A certified candidate shall not accept contributions from any other source except the certified candidate’s political party, as specified in Section 1-19A-8 N.M. Stat. Ann. and contributions collected pursuant to Section 1-19A-4.1 N.M. Stat. Ann..
E. A certified candidate who does not remain a candidate in the general election shall, within thirty days after the primary election, transfer to the secretary for deposit in the fund any amount received from the fund, from a political party pursuant to Section 1-19A-8 N.M. Stat. Ann. or from private contributors pursuant to Section 1-19A-4.1 N.M. Stat. Ann. that remains unspent or unencumbered by the date of the primary election.
F. A certified candidate shall, within thirty days after the general election, transfer to the secretary for deposit in the fund any amount received from the fund, from a political party pursuant to Section 1-19A-8 N.M. Stat. Ann. or from private contributors pursuant to Section 1-19A- 4.1 NMSA 1978 that remains unspent or unencumbered by the date of the general election.
G. If a certified candidate ceases to be a certified candidate for any reason, the previously certified candidate or candidate’s campaign committee shall, within thirty days thereafter, transfer to the secretary for deposit in the fund any amount received from the fund, from a political party pursuant to Section 1-19A-8 N.M. Stat. Ann. or from private contributors pursuant to Section 1-19A-4.1 N.M. Stat. Ann. that remains unspent or unencumbered by the date the candidate ceases to be a certified candidate.