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Texas Statutes (Last Updated: January 4, 2014) |
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ELECTION CODE |
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Title 10. POLITICAL PARTIES |
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Subtitle B. PARTIES NOMINATING BY PRIMARY ELECTION |
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Chapter 173. PRIMARY ELECTION FINANCING |
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Subchapter D. STATE FINANCING |
Sec. 173.0851. DISPOSITION OF SURPLUS IN PRIMARY FUND
Latest version.
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(a) Any surplus remaining in a primary fund shall be remitted to the secretary of state immediately after the final payment from the fund of the necessary expenses for holding the primary elections for that year, but not later than July 1 following the applicable primary election. The surplus in a primary fund shall be remitted regardless of whether state funds were requested by the chair.
(b) Any surplus primary funds received by the secretary of state under this section shall be deposited in the state treasury and may be used only for the financing of primary elections.
Added by Acts 1987, 70th Leg., ch. 54, Sec. 12(i), eff. Sept. 1, 1987. Amended by Acts 1987, 70th Leg., ch. 472, Sec. 46, eff. Sept. 1, 1987; Acts 1997, 75th Leg., ch. 864, Sec. 172, eff. Sept. 1, 1997.