105.465.  Dissolution of candidate committee required, when — disbursement of moneys, limitations — exceptions — definitions. — 1.  Any person who registers as a lobbyist shall dissolve his or her candidate committee.  In the course of dissolving such committee, such person shall not disburse moneys from such committee, except for the purpose of:

  (1)  Returning a contribution made to the candidate committee to the entity responsible for making the contribution to the committee;

  (2)  Donating moneys to a nonprofit entity qualified as exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended; or

  (3)  Transferring moneys to a political party committee.

  2.  Notwithstanding subsection 1 of this section to the contrary, a person who registers as a lobbyist shall not be prohibited from maintaining a candidate committee designated to seek election to a county, municipal, or school board office, provided such person is not registered to lobby the county, municipality, or school district for which that person's candidate committee is designated to seek office.  Nothing in this subsection shall prohibit a person from changing the designated office sought by his or her candidate committee, provided such person is never simultaneously registered to lobby the public office for which such person's committee is designated to seek office.  A candidate committee maintained under this subsection shall make no expenditures or disbursements except to support the candidacy of the person maintaining the committee or for any purpose authorized by subdivisions (1) to (3) of subsection 1 of this section.

  3.  For purposes of this section, the term "lobbyist" shall have the same meaning given to such term under section 105.470, and the terms "committee", "candidate committee", "contribution", "office", "public office", and "political party committee" shall have the same meanings given to such terms under section 130.011.