§ 30103. Registration of political committees

• (a) Each authorized campaign committee shall file a statement of organization no later than 10 days after designation pursuant to section 30102(e)(1) of this title . Each separate segregated fund established under the provisions of section 30118(b) of this title shall file a statement of organization no later than 10 days after establishment. All other committees shall file a statement of organization within 10 days after becoming a political committee within the meaning of section 30101(4) of this title .
• (b) The statement of organization of a political committee shall include—
  • (1) the name, address, and type of committee;
  • (2) the name, address, relationship, and type of any connected organization or affiliated committee;
  • (3) the name, address, and position of the custodian of books and accounts of the committee;
  • (4) the name and address of the treasurer of the committee;
  • (5) if the committee is authorized by a candidate, the name, address, office sought, and party affiliation of the candidate; and
  • (6) a listing of all banks, safety deposit boxes, or other depositories used by the committee.
• (c) Any change in information previously submitted in a statement of organization shall be reported in accordance with section 30102(g) of this title no later than 10 days after the date of the change.
• (d)
  • (1) A political committee may terminate only when such a committee files a written statement, in accordance with section 30102(g) of this title , that it will no longer receive any contributions or make any disbursements and that such committee has no outstanding debts or obligations.
  • (2) Nothing contained in this subsection may be construed to eliminate or limit the authority of the Commission to establish procedures for—
    • (A) the determination of insolvency with respect to any political committee;
    • (B) the orderly liquidation of an insolvent political committee, and the orderly application of its assets for the reduction of outstanding debts; and
    • (C) the termination of an insolvent political committee after such liquidation and application of assets.