(A) A candidate, committee, or ballot measure committee must maintain and preserve an account of: (1) the total amount of contributions accepted by the candidate, committee, or ballot measure committee; (2) the name and address of each person making a contribution and the amount and date of receipt of each contribution; (3) the total amount of expenditures made by or on behalf of the candidate, committee, or ballot measure committee; (4) the name and address of each person to whom an expenditure is made including the date, amount, purpose, and beneficiary of the expenditure; (5) all receipted bills, canceled checks, or other proof of payment for each expenditure; and (6) the occupation of each person making a contribution. (B) The candidate, committee, or ballot measure committee must maintain and preserve all receipted bills and accounts required by this article for four years. HISTORY: 1991 Act No. 248, Section 3, eff January 1, 1992 and governs only transactions which take place after December 31, 1991; 2003 Act No. 76, Section 28, eff November 3, 2004.
South Carolina Legal Code