<?xml version='1.0' encoding='utf-8'?>
<chapter num="05" heading="Outstanding Obligations" title_num="33" subtitle_num="14">
  <regulation prefix="Regulation" num=".01" heading="Outstanding Obligations.">
    <text>Any outstanding obligation incurred by the gubernatorial ticket candidate committee shall be paid before that committee files a final campaign finance report.</text>
  </regulation>
  <regulation prefix="Regulation" num=".02" heading="Fundraising.">
    <paragraph num="A.">
      <text>Eligibility to Fundraise. After the last election in which the gubernatorial ticket candidate committee is eligible to receive a public contribution has occurred, an eligible gubernatorial ticket candidate committee may solicit and receive private contributions for the purpose of eliminating an outstanding obligation incurred during the election.</text>
    </paragraph>
    <paragraph num="B.">
      <text>Any invoice for services rendered or procured shall be submitted to the gubernatorial ticket candidate committee not later than 60 days after the election in which the gubernatorial ticket appeared on the ballot.</text>
    </paragraph>
    <paragraph num="C.">
      <text>Any private contributions raised in the subsequent election cycle shall:</text>
      <paragraph num="(1)">
        <text>Count towards the qualifying threshold for the subsequent gubernatorial election;</text>
      </paragraph>
      <paragraph num="(2)">
        <text>Count towards the contribution limit of the individual for that election cycle; and</text>
      </paragraph>
      <paragraph num="(3)">
        <text>Be eligible for payment to satisfy outstanding obligations from the prior election.</text>
      </paragraph>
    </paragraph>
  </regulation>
  <annotations>
    <annotation type="Authority">Election Law Article, §§2-102(b)(4) and 15-111(b), Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: November 24, 2014 (41:23 Md. R. 1377)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01 amended effective December 12, 2022 (49:25 Md. R. 1053)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .02 amended effective December 12, 2022 (49:25 Md. R. 1053)</annotation>
  </annotations>
</chapter>