3907. USE OF SURPLUS FUNDS

3907 USE OF SURPLUS FUNDS 3907.1 Any remaining funds of an inaugural committee shall be transferred only to either: (a) A non-profit organization within the meaning of Section 501(c) of the Internal Revenue Code operating in good standing in the District of Columbia for a minimum of one calendar year prior to the date of any transfer; or (b) A constituent-service program. SOURCE: Final Rulemaking published at 60 DCR 1402 (February 8, 2013); as amended by Final Rulemaking published at 60 DCR 11864 (August 16, 2013); as amended by Final Rulemaking published at 62 DCR 3025 (March 13, 2015). District of Columbia Municipal Regulations Elections and Ethics 3 DCMR § 3907