Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 33. State Board of Elections |
Subtitle 14. ADMINISTRATION OF PUBLIC FINANCING ACT |
Chapter 33.14.05. Outstanding Obligations |
Sec. 33.14.05.01. Outstanding Obligations
Latest version.
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For the purposes of the expenditure limitation imposed by the Act, any outstanding obligation incurred by the candidate or authorized political committee of the candidate shall be counted towards the candidates expenditure limitation at the time that the outstanding obligation was incurred.