16-914. Termination statement
A. Except as prescribed by subsection C of this section and section 16-904,
subsection F, a political committee may terminate only when the committee chairman and
treasurer file a statement with the officer with whom the committee's statement of
organization is filed in the format prescribed by the filing officer certifying under
penalty of perjury that it will no longer receive any contributions or make any
disbursements, that the committee has no outstanding debts or obligations and that any
surplus monies have been disposed of pursuant to section 16-915.01 together with a
statement of the manner of disposition of the surplus, the name and address of each
recipient of surplus monies and the date and amount of each disposition of surplus
monies. For a political committee that is an individual's exploratory committee or a
candidate's campaign committee, the committee may transfer the committee's debts and
obligations to a subsequent committee for that individual or candidate, as prescribed by
section 16-915.01, and in that event may terminate without certifying that the committee
has no outstanding debts or obligations.
B. After the filing of an appropriate termination statement, a political committee
is not required to file any subsequent campaign finance reports and shall have no further
receipts or disbursements without filing a new statement of organization.
C. A political committee may terminate its activities in a reporting jurisdiction
and remain active in other jurisdictions by attaching a statement to the reporting
jurisdiction's termination statement that is signed by the committee's chairman and
treasurer, that attests to the intent to remain active in other jurisdictions and that
contains a statement that the committee's remaining monies shall be used for activities
in other jurisdictions.
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