Contribution sources — identification — illegal contributions or expenditures — loans
[C75, 77, 79, 81, §56.12] 95 Acts, ch 198, §11; 2003 Acts, ch 40, §9 CS2003, §68A.502 2018 Acts, ch 1059, §5
- 1. A person making a contribution in excess of twenty-five dollars shall provide the person’s name and address to the candidate or committee receiving the contribution.
- 2. A person shall not make a contribution or expenditure in the name of another person, and a person shall not knowingly accept a contribution or expenditure made by one person in the name of another.
3. For the purpose of this section, an illegal contribution or expenditure is any of the following:
- a. A contribution or expenditure made by one person which is ultimately reimbursed by another person who has not been identified as the ultimate source or recipient of the funds.
- b. A contribution or expenditure made using a fictitious name. A name is fictitious in the case of an individual if the name does not include the individual’s legal surname at the time of the contribution or expenditure.
- c. A contribution or expenditure made by a person who borrowed the money from another person if the original source of said money is not disclosed.
- 4. Any candidate or committee receiving funds, the original source of which was a loan, shall be required to list the lender as a contributor. No candidate or committee shall knowingly receive funds from a contributor who has borrowed the money without listing the original source of said money.
[C75, 77, 79, 81, §56.12] 95 Acts, ch 198, §11; 2003 Acts, ch 40, §9 CS2003, §68A.502 2018 Acts, ch 1059, §5