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 Oklahoma Statutes (Last Updated: September 18, 2014)
 Title 51. OFFICERS

  § 51-316. Use of campaign contributions.  

Latest version.

  • A.  Contributions accepted by any candidate or candidate committee shall be used to defray any campaign expenditures or any ordinary and necessary expenses incurred by the person in connection with duties as a holder of the public office including, but not limited to, expenses for use in a future election campaign, for political activity, for community activity or for nonreimbursed public office related expenses.  Said contributions shall not be used for any other purposes.  Contributions and any interest income earned on said contributions which are not used in this manner within forty-eight (48) months of the date of the General Election which is intended to result in the final election of a single individual to the office at stake shall be disposed of as follows:

    1.  Returned to the contributors pursuant to any formula approved by the candidate; provided, any amount returned to a contributor shall not exceed the amount of the original contribution;

    2.  Donated to the campaign of any other political candidate or to any political party officially recognized by the State Election Board;

    3.  Donated to a charitable organization qualified for a tax exemption pursuant to the provisions of the Internal Revenue Code; or

    4.  Retained by the candidate or candidate committee for use in a future election.

    B.  Any person who receives contributions for a campaign but does not file a notification and declaration of candidacy for public office with the secretary of any county election board, or any person who has withdrawn such notification and declaration of candidacy, shall be governed by the provisions of this section.

Added by Laws 1995, c. 343, § 30, eff. July 1, 1995.