Arkansas Statutes § 7-6-204 Restriction on cash contributions or expenditures - Exception
Statute Text
(a)
No campaign contribution in excess of one hundred dollars ($100) or expenditure in excess of fifty dollars ($50.00) shall be made or received in cash.
(b)
All contributions or expenditures in behalf of a campaign activity, other than in-kind contributions and expenditures, in excess of the amounts mentioned in subsection (a) of this section shall be made:
(1)
By a written instrument containing the name of the donor and the name of the payee;
(2)
By credit card or debit card where the transaction results in a paper record signed by the cardholder, provided that the paper record contains the following information for the cardholder at the time of making the contribution:
(A)
Valid name;
(B)
Complete address;
(C)
Place of business;
(D)
Employer; and
(E)
Occupation; or
(3)
By transaction that results in an electronic record created or transmitted by the cardholder where a contribution or expenditure is made through the internet, provided that the electronic record contains the following information for the cardholder at the time of making the contribution:
(A)
Valid name;
(B)
Complete address;
(C)
Place of business;
(D)
Employer; and
(E)
Occupation.
(c)
The payment of filing fees may be in cash even though the amount exceeds fifty dollars ($50.00). The candidate shall obtain a receipt for the payment and shall report it as a campaign expenditure.
History
Acts 1975, No. 788, § 8; 1977, No. 312, § 2; A.S.A. 1947, § 3-1116; Acts 2011 , No. 721 , § 5 .
Explore Related Documents
This section contains links to related documents with the same tags to allow you quickly access other relevant legal materials. These links include document types and counts, enabling you to explore similar content efficiently.