(a) A public contribution may be spent only:
(1) in accordance with § 13–218 of this article;
(2) to further the gubernatorial ticket’s nomination or election;
(3) for expenses incurred not later than 30 days after the election for which the public contribution was made; and
(4) for purposes that do not violate State law.
(b) An eligible gubernatorial ticket may not make:
(1) a transfer; or
(2) an expenditure relating to fundraising activity by any other political committee organized under this article.
(c) (1) Any part of a public contribution that is not spent shall be repaid to the Comptroller for redeposit in the Fund not later than 60 days after the election for which the public contribution was made.
(2) In computing whether part of a public contribution is not spent, all private contributions to the gubernatorial ticket shall be treated as spent before the expenditure of any of the public contribution.
(d) The members of a gubernatorial ticket and the responsible officers of its campaign finance entity are jointly and severally personally liable for repaying to the Comptroller any part of a public contribution that is not spent or that was spent in violation of subsection (a) of this section.