20A-11-701 (Effective 01/01/11) - Campaign financial reporting by corporations -- Filing requirements -- Statement contents. - Utah Statutes

20A-11-701 (Effective 01/01/11). Campaign financial reporting by corporations --Filing requirements -- Statement contents.
(1) (a) Each corporation that has made expenditures for political purposes that total atleast $750 during a calendar year shall file a verified financial statement with the lieutenantgovernor's office:
(i) on January 10, reporting expenditures as of December 31 of the previous year;
(ii) seven days before the regular primary election date;
(iii) on August 31; and
(iv) seven days before the regular general election date.
(b) The corporation shall report:
(i) a detailed listing of all expenditures made since the last statement;
(ii) for financial statements filed under Subsections (1)(a)(ii) through (iv), allexpenditures as of five days before the required filing date of the financial statement; and
(iii) whether the corporation, including an officer, director, spouse, or person with atleast 10% ownership in the corporation:
(A) has bid since the last financial statement on a contract, as defined in Section63G-6-103, in excess of $100,000;
(B) is currently bidding on a contract, as defined in Section 63G-6-103, in excess of$100,000; or
(C) is a party to a contract, as defined in Section 63G-6-103, in excess of $100,000.
(c) The corporation need not file a financial statement under this section if thecorporation made no expenditures during the reporting period.
(2) The financial statement shall include:
(a) the name and address of each reporting entity that received an expenditure from thecorporation, and the amount of each expenditure;
(b) the total amount of expenditures disbursed by the corporation; and
(c) a statement by the corporation's treasurer or chief financial officer certifying theaccuracy of the financial statement.

Amended by Chapter 235, 2010 General Session
Amended by Chapter 389, 2010 General Session