Membership organizations, cooperatives, or corporations without capital stock.

CFR · 2024-01-01 · US · Title 11

(a) Membership organizations, cooperatives, or corporations without capital stock, or separate segregated funds established by such persons may solicit contributions to the fund from members and executive or administrative personnel, and their families, of the organization, cooperative, or corporation without capital stock. (b) Nothing in this section waives the prohibition on contributions to the separate segregated fund by corporations, national banks, or labor organizations which are members of a membership organization, cooperative, or corporation without capital stock. (c) A trade association whose membership is made up in whole or in part of corporations is subject to the provisions of § 114.8 when soliciting any stockholders or executive or administrative personnel of member corporations. A trade association which is a membership organization may solicit its noncorporate members under the provisions of this section. (d) The question of whether a professional organization is a corporation is determined by the law of the State in (e) There is no limitation upon the number of times an organization under this section may solicit its members and executive or administrative personnel, and their families. (f) There is no limitation under this section on the method of solicitation or the method of facilitating the making of voluntary contributions which may be used. (g) A membership organization, cooperative, or corporation without capital stock and the separate segregated fun

official document · source cfr-2024 · id 11:§ 114.7