[Code of Federal Regulations]
[Title 11, Volume 1]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 11CFR400.53]

[Page 274]
 
                       TITLE 11--FEDERAL ELECTIONS
 
                 CHAPTER I--FEDERAL ELECTION COMMISSION
 
PART 400_INCREASED LIMITS FOR CANDIDATES OPPOSING SELF-FINANCED 
CANDIDATES--Table of Contents
 
               Subpart E_Disposal of Excess Contributions
 
Sec.  400.53  Disposal of excess contributions.

    (a) The candidate's authorized committee must refund the excess 
contributions to individuals who made contributions to the candidate or 
the candidate's authorized committee under this part. The refund to each 
individual must not exceed that individual's aggregate contributions to 
the candidate or the candidate's authorized committee for the relevant 
election cycle.
    (b) The amount of any refund checks, made under paragraph (a) of 
this section that are not cashed, deposited, or otherwise negotiated 
within 6 months of the date of the refund check must be disgorged to the 
United States Treasury. The candidate's authorized committee must 
disgorge this amount to the United States Treasury within nine months of 
the election.