Residual Funds

Act 320 of 1937, § 1630, under "PENNSYLVANIA ELECTION CODE".

Act 320 of 1937, § 1630

Section 1630. Residual Funds.--

In the event that a candidate or political committee terminates its financial activity as such, then the disbursement of any residual funds remaining in such an account shall be made in the following manner:

(1) any such funds may be used for any expenditure as defined by this article; and

(2) may be returned, pro rata, to the contributors by the candidate or treasurer of the political committee. A final report must be made by the next January 31 in accordance with section 1627.

(1630 added Oct. 4, 1978, P.L.893, No.171)