Austin |
Code of Ordinances |
Title 2. ADMINISTRATION. |
Chapter 2-2. CAMPAIGN FINANCE. |
Article 3. DISCLOSURES AND FILING PROCEDURES FOR CONTRIBUTION AND EXPENDITURE REPORTS. |
§ 2-2-24. RETURNED CONTRIBUTIONS.
A candidate, officeholder, or candidate's campaign committee returning a contribution shall comply with the following requirements:
(A)
after a contribution has been deposited in a financial institution account, a partial or full refund must be paid by cashier's check;
(B)
copies of returned checks, refund checks, and any related correspondence must be retained by the campaign treasurer in accordance with Section 2-2-28 ( Retention of Records ); and
(C)
any contribution received and accepted, but refunded to the contributor, must be disclosed as both a contribution and an expenditure on the applicable contribution and expenditure report.
Source: Ord. 20080925-079.