Minnesota Regulations § 4503.0600 USE OF CREDIT CARDS
Regulation Text
Subpart 1.
Contributions.
A candidate or treasurer of a political committee or political fund may approve the solicitation and collection of campaign contributions through the use of credit cards. An organization that issues credit cards, when acting in the ordinary course of business by collecting and disbursing funds designated by the card holders for contributions to a committee or fund, is not required to register or report.
Subp. 2.
Expenditures; disbursements.
A treasurer who reimburses a credit card company for campaign expenditures or noncampaign disbursements that require itemization on a report of receipts and expenditures under Minnesota Statutes, section
10A.20
, must disclose the purpose and the name and address of the vendor supplying the good or service for which payment is made.
History
15 SR 1512; 20 SR 2504
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