Code of Maryland Regulations
Title 33 - STATE BOARD OF ELECTIONS
Subtitle 13 - CAMPAIGN FINANCING
Chapter 33.13.15 - Political Action Committees
Section 33.13.15.08 - Establishment of the Compliance Account

Universal Citation: MD Code Reg 33.13.15.08

Current through Register Vol. 51, No. 6, March 22, 2024

Prior to the receipt or disbursement of compliance funds, a political action committee shall establish a compliance account by:

A. Opening a checking account at a financial institution that does business in the State, which checking account shall be:

(1) Designated as the compliance account; and

(2) Segregated from the campaign accounts of the political action committee as required under Election Law Article, § 13-220, Annotated Code of Maryland; and

B. Registering the compliance account with the State Board in a manner that identifies it as the compliance account of the political action committee.

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