20A-11-705. Notice of in-kind contributions.
(1) A corporation that makes an in-kind contribution to a reporting entity shall, in accordance with Subsection, provide the reporting entity a written notice that includes: (2) the name and address of the corporation; the date of the in-kind expenditure; a description of the in-kind expenditure; and the value, in dollars, of the in-kind expenditure.
(2) A corporation shall provide the written notice described in Subsectionto the reporting entity: (1) except as provided in Subsection, within 31 calendar days after the day on which the corporation makes the in-kind contribution; or (2)(b) within seven business days after the day on which the corporation makes the in-kind contribution, if: the in-kind contribution is to a candidate who is contested in a convention and the corporation makes the in-kind contribution within 30 calendar days before the day on which the convention is held; the in-kind contribution is to a candidate who is contested in a primary election and the corporation makes the in-kind contribution within 30 calendar days before the day on which the primary election is held; or the in-kind contribution is to a candidate who is contested in a general election and the corporation makes the in-kind contribution within 30 calendar days before the day on which the general election is held.
(3) A corporation that provides, and a reporting entity that receives, the written notice described in Subsectionshall retain a copy of the notice for five years after the day on which the written notice is provided to the reporting entity. (1)
(4) A corporation or reporting entity that fails to comply with the requirements of this section is guilty of a class B misdemeanor.
(5) A person that intentionally or knowingly provides, or conspires to provide, false information on a written notice described in this section is guilty of a class B misdemeanor.