# COMAR Title 33 — State Board of Elections

## Subtitle 13 — Campaign Financing

### Chapter 15 — Political Action Committees

#### Regulation .08 Establishment of the Compliance Account.

*COMAR 33.13.15.08*

Prior to the receipt or disbursement of compliance funds, a political action committee shall establish a compliance account by:

A. Opening a checking account at a financial institution that does business in the State, which checking account shall be:

  (1) Designated as the compliance account; and

  (2) Segregated from the campaign accounts of the political action committee as required under Election Law Article, §13-220, Annotated Code of Maryland; and

B. Registering the compliance account with the State Board in a manner that identifies it as the compliance account of the political action committee.