The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
16-933 - Transfer and disposal of committee monies; limitations
16-933. Transfer and disposal of committee monies; limitations
A. A committee that intends to terminate shall dispose of surplus monies as follows:
1. Return surplus monies to the contributor.
2. Contribute surplus monies pursuant to and within the limits prescribed in article 1.2 of this chapter.
3. In the case of a candidate committee, contribute surplus monies to a candidate committee for another candidate under the following conditions:
(a) The candidate committee makes the contribution after the time period for filing a nomination paper pursuant to section 16-311, subsection A.
(b) The candidate associated with the candidate committee that makes the contribution did not file a nomination paper to run for election in the current election cycle.
(c) In the case of a candidate committee for legislative office, the candidate committee makes the contribution when the legislature is not in regular legislative session.
(d) The candidate committee makes the contribution within the limits prescribed for individuals in section 16-912.
4. Donate surplus monies to a nonprofit organization that has tax exempt status under section 501(c)(3) of the internal revenue code.
5. In the case of a statewide or legislative candidate committee and subject to section 41-133, transfer surplus monies to the candidate's officeholder expense account.
B. Surplus monies shall not be used for or converted to personal use.
C. This section does not preclude the repayment of a loan to a committee.