12-27-9. Limits on contributions to political action committee--Violation as misdemeanor.

120 words·~1 min read·/sd/title-12/chapter-12-27/12-27-9

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A political action committee may accept contributions during any calendar year as follows:

(1)Not to exceed ten thousand dollars from a person;

(2)Not to exceed ten thousand dollars from an entity;

(3)Without limit from a political action committee;

(4)Without limit from a political party;

(5)Without limit from a candidate campaign committee; and

(6)Not to exceed ten thousand dollars from a ballot question committee.

Any contribution from a person who is an unemancipated minor shall be deducted from the total contribution permitted under this section by the unemancipated minor's custodial parent or parents. A violation of this section is a Class 2 misdemeanor. A subsequent offense within a calendar year is a Class 1 misdemeanor.