Utah Statutes § 20A-11-705 Notice of in-kind contributions
Statute Text
(1)
A corporation that makes an in-kind contribution to a reporting entity shall, in accordance with Subsection (2), provide the reporting entity a written notice that includes:
(a)
the name and address of the corporation;
(b)
the date of the in-kind expenditure;
(c)
a description of the in-kind expenditure; and
(d)
the value, in dollars, of the in-kind expenditure.
(2)
A corporation shall provide the written notice described in Subsection (1) to the reporting entity:
(a)
except as provided in Subsection (2)(b), within 31 days after the day on which the corporation makes the in-kind contribution; or
(b)
within seven business days after the day on which the corporation makes the in-kind contribution, if:
(i)
the in-kind contribution is to a candidate who is contested in a convention and the corporation makes the in-kind contribution within 30 days before the day on which the convention is held;
(ii)
the in-kind contribution is to a candidate who is contested in a primary election and the corporation makes the in-kind contribution within 30 days before the day on which the primary election is held; or
(iii)
the in-kind contribution is to a candidate who is contested in a general election and the corporation makes the in-kind contribution within 30 days before the day on which the general election is held.
(3)
A corporation that provides, and a reporting entity that receives, the written notice described in Subsection (1) shall retain a copy of the notice for five years after the day on which the written notice is provided to the reporting entity.
(4)
A corporation or reporting entity that fails to comply with the requirements of this section is guilty of a class B misdemeanor.
(5)
A person that intentionally or knowingly provides, or conspires to provide, false information on a written notice described in this section is guilty of a class B misdemeanor.
History
Amended by Chapter 20 , 2021 General Session , § 12 , eff. 3/5/2021 .
Amended by Chapter 83 , 2018 General Session , § 10 , eff. 5/8/2018 .
Added by Chapter 296 , 2015 General Session , § 18 , eff. 5/12/2015 .
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