[Code of Federal Regulations]

[Title 11, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 11CFR102.7]



[Page 90]

 

                       TITLE 11--FEDERAL ELECTIONS

 

                 CHAPTER I--FEDERAL ELECTION COMMISSION

 

PART 102_REGISTRATION, ORGANIZATION, AND RECORDKEEPING BY POLITICAL 

COMMITTEES (2 U.S.C. 433)--Table of Contents

 

Sec. 102.7  Organization of political committees (2 U.S.C. 432(a)).



    (a) Every political committee shall have a treasurer and may 

designate, on the committee's Statement of Organization, an assistant 

treasurer who shall assume the duties and responsibilities of the 

treasurer in the event of a temporary or permanent vacancy in the office 

or in the event the treasurer is unavailable.

    (b) Except as provided in subsection (a), no contribution or 

expenditure shall be accepted or made by or on behalf of a political 

committee at a time when there is a vacancy in the office of the 

treasurer.

    (c) No expenditure shall be made for or on behalf of a political 

committee without the authorization of its treasurer or of an agent 

authorized orally or in writing by the treasurer.

    (d) Any candidate who receives a contribution, as defined at 11 CFR 

part 100, subparts B and D, obtains any loan or makes any disbursement 

in connection with his or her campaign, shall be considered as having 

received the contribution, obtained the loan or made the disbursement as 

an agent of such authorized committee(s).



[45 FR 15104, Mar. 7, 1980, as amended at 67 FR 78680, Dec. 26, 2002]