North Carolina Republican Party ordered to repay $100K donation

by on June 9th, 2005

http://hosted.ap.org/dynamic/stories/G/GOP_CONTRIBUTION?SITE=TNKNN&SECTION=HOME&TEMPLATE=DEFAULT

RALEIGH, N.C. (AP) — The state Republican Party must repay a $100,000 illegal contribution from a national group – and the group must pay a $10,000 fine – under a consent agreement reached Wednesday with the state Elections Board.

The Republican State Leadership Committee – a group formed to help elect GOP state legislators, attorneys general and lieutenant governors – borrowed the money from Wachovia bank a day before setting up in North Carolina in October.

The organization then donated the cash to the N.C. Senatorial Trust, which works to elect Republican state senators; the trust passed it along to the state Republican Party.

State Democrats filed a complaint.

Under state law, political committees in North Carolina can take donations only from individuals and other political organizations.

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