(a) When allowed. A participating candidate may withdraw an application for a public contribution any time before the public contribution is disbursed to the candidate’s publicly funded campaign account.
(b) Process for withdrawal. A participating candidate may withdraw from participation, if the candidate:
(1) files a statement with the Board; and
(2) repays the full amount of the public contributions received, together with the applicable interest established by regulation, to the Controller for deposit into the Fund.
(Bill No. 25-23)