At the time of filing a Statement of Organization at the State Board, a political action committee shall: Select a name of the political action committee that identifies its purpose and does not deceive or intentionally confuse the voter; Appoint responsible officers; File a statement of purpose identifying: The special interests promoted by or associated with the political action committee or its responsible officers, or the business or occupation that the contributors have in common; If applicable, the name of each candidate or ballot issue the political action committee was primarily formed to promote or defeat; and If applicable, the sponsor or affiliated entity identified or associated with the political action committee; State whether or not the political action committee will exclusively make: Independent expenditures; Disbursements for electioneering communications; or Both; and State the elections the political action committee will participate in on a recurring basis until the political action committee files a final campaign finance report.