Subd. 1.

Every political committee shall have a chair and a treasurer. Nothing in this chapter shall prohibit them from being the same individual.

Subd. 2.

No contribution shall be accepted and no expenditure shall be made by or on behalf of a political committee at a time when there is a vacancy in the office of treasurer.

Subd. 3.

The treasurer of a political committee may appoint as many deputy treasurers as necessary and shall be responsible for their accounts.

Subd. 4.

The treasurer of a political committee may designate not more than two depositories in each county in which a campaign is conducted.

Subd. 5.

No funds of a political committee shall be commingled with any personal funds of officers, members or associates of the committee.

Subd. 6.

Repealed, 1978 c 463 s 109

Subd. 7.

Any person who knowingly violates the provisions of this section is guilty of a misdemeanor.