California Regulations § 18421 Cash Equivalents
Regulation Text
In reporting the balance of cash and cash equivalents on a campaign statement pursuant to Government Code Section
84211
(e)
, a candidate or committee shall report separately:
(a)
The balance of cash. This means the combined balance in all campaign checking accounts and savings accounts, money market funds and certificates of deposit.
(b)
The balance of cash equivalents. This means the combined original cost of all investments and interests in real property purchased with campaign funds, which are not reported as cash pursuant to subsection (a).
Source
1. New section filed 3-3-86; effective thirtieth day thereafter (Register 86, No. 10).
History
1. New section filed 3-3-86; effective thirtieth day thereafter (Register 86, No. 10).
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