Subdivision 1. Chair and treasurer.
A political committee, principal campaign committee, or party unit must have a chair and a treasurer. The chair and treasurer may be the same individual.
Subd. 2. Treasurer vacancy.
A political committee, principal campaign committee, or party unit may not accept a contribution or make an expenditure or permit an expenditure to be made on its behalf while the office of treasurer is vacant.
Subd. 3. Deputy treasurers.
The treasurer of a political committee, principal campaign committee, or party unit may appoint as many deputy treasurers as necessary and is responsible for their accounts.
Subd. 4. Depositories.
The treasurer of a political committee, principal campaign committee, or party unit may designate one or two depositories in each county in which a campaign is conducted.
Subd. 5. Commingling prohibited.
A political committee, principal campaign committee, or party unit may not commingle its funds with personal funds of officers, members, or associates of the committee.
Subd. 6.
[Repealed, 1978 c 463 s 109 ]
Subd. 7. Penalty.
A person who knowingly violates this section is subject to a civil penalty imposed by the board of up to $1,000.