Cash Expenditures and Loan Payments (PC 3)

Instructions

The Cash Expenditures and Loan Payments form (PC 3) must accompany the Statement of Paid-in-Capital form (PC 12) if:

• the major source of revenue for the corporation is paid-in-capital;
• the primary purpose of the corporation is to support or oppose any candidate, measure, or political party; and
• the corporation has made a contribution or an expenditure for that purpose.

The corporation is required to disclose the names, addresses, and occupations of its shareholders and report the amount of paid-in-capital attributable to each shareholder on the PC 12. The corporation is also required to disclose the nature and amounts of all expenditures of money and any in-kind contributions made by the corporation on the PC 3. This information is required to be filed not later than seven calendar days after the in-kind contribution or expenditure is made.

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