Maryland Regulations § 33.13.06.04 Disbursements
Regulation Text
A.
Method of Disbursements. Except as provided in §B of this regulation, a political committee shall make all disbursements from the authorized designated campaign account of the political committee by:
(1)
Order check;
(2)
Counter check;
(3)
Debit card issued by a financial institution;
(4)
Electronic funds transfer (EFT);
(5)
Electronic check; or
(6)
Wire transfer.
B.
Other Permissible Disbursements. A political committee may:
(1)
Authorize an individual to make payments from personal funds on behalf of the political committee provided that individual is fully reimbursed by the political committee; or
(2)
Make a disbursement from a petty cash fund only if the political committee:
(a)
Established the petty cash fund prior to the disbursement; and
(b)
Follows the requirements in Election Law Article, §
13-220
(c)
, Annotated Code of Maryland.
C.
Disbursements by Treasurer. Except as provided in §D of this regulation, the treasurer shall make all disbursements for the political committee.
D.
Disbursements by Chair. The chair of a political committee may make a disbursement on behalf of the political committee in the manner prescribed under Election Law Article, §
13-220
(b)
, Annotated Code of Maryland, only if the treasurer is temporarily unable to perform the duties of the office due to:
(1)
Medical emergency or disability;
(2)
Death in the family;
(3)
Extended travel out of the State; or
(4)
Any other extenuating circumstances existing to justify the chair's assumption of the treasurer's duties.
History
Regulations .04 adopted effective October 18, 2010 (37:21 Md. R. 1439)
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