Legislative office candidate -- Financial reporting requirements -- Termination of duty to report.
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(1) Each legislative office candidate is subject to interim reporting requirements until:
(a) the candidate withdraws or is eliminated in a convention or primary; or
(b) if seeking appointment as a midterm vacancy legislative office candidate:
(i) the political party liaison fails to forward the person's name to the governor; or
(ii) the governor fails to appoint the person to fill the vacancy.
(2) Each legislative office candidate is subject to year-end summary reporting requirements until the candidate has filed a statement of dissolution with the lieutenant governor stating that:
(a) the legislative office candidate is no longer receiving contributions and is no longer making expenditures;
(b) the ending balance on the last summary report filed is zero and the balance in the separate bank account required in Section 20A-11-301 is zero; and
(c) a final summary report in the form required by Section 20A-11-302 showing a zero balance is attached to the statement of dissolution.
(3) A statement of dissolution and a final summary report may be filed at any time.
(4) Each legislative office candidate shall continue to file the year-end summary report required by Section 20A-11-302 until the statement of dissolution and final summary report required by this section are filed with the lieutenant governor.