2013 New Mexico Statutes
Chapter 1 - Elections
Article 22A - School District Campaign Reporting
Section 1-22A-10 - Campaign funds; limitations on use. (2013)


NM Stat § 1-22A-10 (2013) What's This?

1-22A-10. Campaign funds; limitations on use. (2013) 
It is unlawful for a candidate or the candidate's agent to make an expenditure of contributions received, except for the following purposes:
A.   expenditures of the campaign; 
B.   donations to the state general fund; 
C.   donations to an organization to which a federal income tax deduction would be permitted under Subparagraph (A) of Paragraph (1) of Subsection (b) of Section 170 of the Internal Revenue Code of 1986, as amended; 
D.   expenditures to eliminate the campaign debt of the candidate for the office sought or expenditures incurred by the candidate when seeking election to another public office; 
E.   donations to a political committee or to another candidate seeking election to a public office that is subject to the reporting provisions of the School District Campaign Reporting Act or the Campaign Reporting Act [1-19-25 through 1-19-36 NMSA 1978]; or
F.   disbursements to return unused funds pro rata to the contributors if no campaign debt exists.
History: Laws 2013, ch. 180, § 10.

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