Subdivision 1. Termination report. A political committee, political fund, principal campaign committee, or party unit may terminate its registration with the board after it has disposed of all its assets in excess of $100 by filing a final report of receipts and expenditures. The final report must be identified as a termination report and must include all financial transactions that occurred after the last date included on the most recent report filed with the board. The termination report may be filed at any time after the asset threshold in this section is reached.
Subd. 2. Asset disposition. "Assets" include credit balances at vendors, prepaid postage and postage stamps, as well as physical assets. Assets must be disposed of at their fair market value. Assets of a political fund that consist of, or were acquired using, only the general treasury money of the fund's supporting association remain the property of the association upon termination of the association's political fund registration and are not subject to the disposal requirements of this section.
2013 c 138 art 1 s 36
Structure Minnesota Statutes
Chapters 10 - 12B — Government Miscellany
Chapter 10A — Campaign Finance And Public Disclosure
Section 10A.02 — Campaign Finance And Public Disclosure Board.
Section 10A.022 — Violations And Enforcement.
Section 10A.025 — Filing Requirements.
Section 10A.027 — Information On Website.
Section 10A.03 — Lobbyist Registration.
Section 10A.04 — Lobbyist Reports.
Section 10A.05 — Lobbyist Report.
Section 10A.06 — Contingent Fees Prohibited.
Section 10A.07 — Conflicts Of Interest.
Section 10A.071 — Certain Gifts By Lobbyists And Principals Prohibited.
Section 10A.08 — Representation Disclosure.
Section 10A.09 — Statements Of Economic Interest.
Section 10A.105 — Principal Campaign Committee.
Section 10A.11 — Organization Of Committees And Party Units.
Section 10A.12 — Political Funds.
Section 10A.121 — Independent Expenditure And Ballot Question Political Committees And Funds.
Section 10A.13 — Accounts That Must Be Kept.
Section 10A.14 — Registration.
Section 10A.15 — Contributions.
Section 10A.155 — Reimbursement Of Automobile Use.
Section 10A.16 — Earmarking Contributions Prohibited.
Section 10A.17 — Expenditures.
Section 10A.173 — Noncampaign Disbursements.
Section 10A.175 — Coordinated And Noncoordinated Expenditures; Definitions.
Section 10A.176 — Coordinated Expenditures.
Section 10A.177 — Noncoordinated Expenditures.
Section 10A.179 — Expenditures And Noncampaign Disbursements; General Provisions.
Section 10A.18 — Time For Rendering Bills, Charges, Or Claims; Penalty.
Section 10A.20 — Campaign Reports.
Section 10A.241 — Transfer Of Debts.
Section 10A.243 — Termination Of Registration.
Section 10A.244 — Voluntary Inactive Status; Political Funds.
Section 10A.245 — Administrative Termination Of Inactive Committees And Funds.
Section 10A.246 — Unpaid Debt Upon Termination.
Section 10A.25 — Spending Limits.
Section 10A.255 — Adjustment By Consumer Price Index.
Section 10A.257 — Carryforward.
Section 10A.27 — Contribution Limits.
Section 10A.271 — Sale Of Goods And Services For Fundraising Purposes.
Section 10A.273 — Contributions And Solicitations During Legislative Session.
Section 10A.275 — Multicandidate Political Party Expenditures.
Section 10A.28 — Penalty For Exceeding Limits.
Section 10A.29 — Circumvention Prohibited.
Section 10A.30 — State Elections Campaign Account.
Section 10A.31 — Designation Of Income Tax Payments.
Section 10A.315 — Special Election Subsidy.
Section 10A.321 — Estimates Of Minimum Amounts To Be Received.
Section 10A.322 — Spending Limit Agreements.
Section 10A.323 — Affidavit Of Contributions.
Section 10A.324 — Return Of Public Subsidy.
Section 10A.35 — Commercial Use Of Information Prohibited.
Section 10A.36 — Reprisals Prohibited; Penalty.