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Arkansas Statutes § 7-6-204 Restriction on cash contributions or expenditures - Exception

⤴ Up to Subchapter 2: Campaign Financing

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 .

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