The office of treasurer is vital to an organized political committee. Under the campaign finance law, no money or anything of value can be received and no expenditures or disbursements can be made by a political committee (or any person acting under the authority of or on behalf of a political committee) while it has no treasurer.
An appointed treasurer must be in place prior to the time a political committee organizes with OCPF since the treasurer's name and address must appear on the completed Statement of Organization form.
If a political committee needs to appoint a new treasurer, the former treasurer should submit a written letter of resignation to the political committee. The political committee should appoint a new treasurer who will complete and sign a CPF T 101: Change of Treasurer form. The political committee must submit the change of treasurer form and a copy of the former treasurer's resignation letter to OCPF (or the town or city clerk) within ten days following the change.
Care must be taken when selecting a new treasurer for the political committee. There are restrictions on who may serve as the treasurer for a political committee organized in Massachusetts. Those who cannot serve as the treasurer of a political committee include: