(a) Each political committee which anticipates receiving contributions or making expenditures during the calendar year in an aggregate amount exceeding $500 shall file with the Supervisor a statement of organization within ten days after its organization or, if later, within ten days after receipt of information causing the committee to anticipate it will receive contributions or make expenditures in excess of $500. Political committees subject to this section which exist on the date of enactment of this chapter shall file a statement of organization with the Supervisor at a time prescribed by the Supervisor, but not later than 60 days after the date of enactment of this chapter.
(b) The statement of organization required by subsection (a) of this section shall contain:
(1) the name and address of the committee;
(2) the names and addresses of affiliated or connected organizations;
(3) the purpose of the committee;
(4) the names and addresses of principal officers of the committee and the custodian of books and accounts;
(5) the name, address, office sought, and party affiliation, if any, of each candidate the committee is supporting or opposing, if the purpose of the committee is to oppose a candidate;
(6) a statement as to whether the committee is a continuing one;
(7) the disposition of residual funds which will be made in the event of dissolution;
(8) a list of all banks, safety deposit boxes, or other repositories used by the committee; and
(9) such other information which may be required by the Supervisor.
(c) Any change in information previously submitted in a statement of organization shall be reported to the Supervisor not later than thirty days after the change occurs.
(d) Any political committee which has filed a statement of organization and disbands shall notify the Supervisor of such fact.