legal · go-v.org

Joint fundraising.

CFR · 2024-01-01 · US · Title 11

(a) (1) (2) (i) Submitted for matching purposes in accordance with the requirements of 11 CFR 9034.2 and the Federal Election Commission's Guideline for Presentation in Good Order; (ii) Used to pay a candidate's net outstanding campaign obligations as provided in 11 CFR 9034.5; (iii) Used to defray qualified campaign expenses; (iv) Used to defray exempt legal and accounting costs; or (v) If in excess of a candidate's net outstanding campaign obligations or expenditure limit, used in any manner consistent with 11 CFR 113.2, including repayment of funds under 11 CFR part 9038. (b) (2) (i) Be established as a reporting political committee under 11 CFR 100.5; (ii) Collect contributions; (iii) Pay fundraising costs from gross proceeds and funds advanced by participants; and (iv) Disburse net proceeds to each participant. (3) (i) Be a political committee as defined in 11 CFR 100.5; (ii) Collect contributions; however, other participants may also collect contributions and then forward them to the fundraising representative as required by 11 CFR 102.8; (iii) Pay fundraising costs from gross proceeds and funds advanced by participants; and (iv) Disburse net proceeds to each participant. (4) (c) (1) (2) (ii) A participant may advance more than its proportionate share of the fundraising costs; however, the amount advanced which is in excess of the participant's proportionate share shall not exceed the amount that participant could legally contribute to the remaining participants. See 11

official document · source cfr-2024 · id 11:§ 9034.8