[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: 11CFR103.2]



[Page 97]

 

                       TITLE 11--FEDERAL ELECTIONS

 

                 CHAPTER I--FEDERAL ELECTION COMMISSION

 

PART 103_CAMPAIGN DEPOSITORIES (2 U.S.C. 432(h))--Table of Contents

 

Sec. 103.2  Depositories (2 U.S.C. 432(h)(1)).



    Each political committee shall designate one or more State banks, 

federally chartered depository institutions (including a national bank), 

or depository institutions the depositor accounts of which are insured 

by the Federal Deposit Insurance Corporation, Federal Savings and Loan 

Insurance Corporation, or the National Credit Union Administration, as 

its campaign depository or depositories. One or more depositories may be 

established in one or more States. Each political committee shall 

maintain at least one checking account or transaction account at one of 

its depositories. Additional accounts may be established at each 

depository.