111-6-05 Termination of transition fund.

(A) On or before the one hundred twentieth day after a transition fund has been established pursuant to division (B) of section 3517.1014 of the Revised Code, the treasurer of the transition fund shall file a termination statement.

(B)

(1) The termination statement shall be filed by filing a final statement of donations and disbursements as required by division (I) of section 3517.1014 of the Revised Code using the on-line application called the "Campaign Finance Online Filing System" (CFOFS), established pursuant to rule 111-6-02 of the Administrative Code, and selecting the option during the submission process indicating that the statement is a termination statement. The termination report must have a zero balance on hand and all loans received must have been repaid or forgiven.

(2) The treasurer shall include with this filing a copy of all available statements from the bank or other financial institution that held transition fund moneys. The bank or financial institution statements may be submitted through the CFOFS using the "Upload Attachment" function in the application or by mail to the campaign finance section of the secretary of state's office.

(C) Notwithstanding paragraph (B) of this rule, if the final bank or financial institution statements are not available at the time of filing the transition statement, the treasurer shall indicate in the final statement of donations and disbursements that all transition fund moneys were disposed of prior to the termination of the transition fund and shall file with the secretary of state copies of the final bank or financial institution statements within five days after receiving them from the bank or financial institution.

Effective: 01/07/2011
R.C. 119.032 review dates: 07/15/2015
Promulgated Under: 119.03
Statutory Authority: 3517.23
Rule Amplifies: 3517.1014