Section 13-221 - Books and records. - Maryland Statutes

§ 13-221. Books and records.
 

(a)  In general.-  

(1) The treasurer of a campaign finance entity shall keep a detailed and accurate account book of all assets received, expenditures made, and obligations incurred by or on behalf of the entity. 

(2) Except as provided in § 13-240 of this subtitle, as to each asset received or expenditure made, the account book shall state: 

(i) its amount or value; 

(ii) the date of the receipt or expenditure; 

(iii) the name and address of the person from whom the asset was received or to whom the expenditure was made; and 

(iv) a description of the asset received or the purpose for which the expenditure was made. 

(3) Each expenditure made from a campaign account shall be supported by a receipt. 

(b)  Retention.- The account books and related records of a campaign finance entity shall be preserved until 2 years after the campaign finance entity files a final campaign finance report under Subtitle 3 of this title. 
 

[An. Code 1957, art. 33, § 13-206(a)(1), (2); 2002, ch. 291, § 4.]