Current through Register Vol. XLI, No. 24, June 14, 2024
Section 146-1-5 - Powers And Duties of Corporate and Membership Organization Political Action Committees5.1. All Corporate and membership organization Political Action Committees must file notice of their existence with the appropriate election officer, as required by W. Va. Code § 3-8-5b, prior to meeting the definition of a corporate or membership organization political action committee.5.2. Solicitation and acceptance of contributions.5.2.1. A Corporate or membership organization Political Action Committee may solicit contributions and volunteer personal services solely from the restricted group(s) of the corporation(s) or membership organization which established such Corporate or membership organization Political Action Committee.5.2.2. All solicitations by Corporate or membership organization Political Action Committees shall conform in method and manner to the provisions of W. Va. Code § 3-8-8.5.2.3. A Corporate or membership organization Political Action Committee is specifically prohibited from receiving any direct or indirect payment, distribution, discount, loan, advance, deposit, gift of money or any services or anything of value from any person other than the corporation(s) which established such Corporate or membership organization Political Action Committee or the restricted group(s) of such establishing corporation or membership organization.5.2.4. No Corporate or membership organization Political Action Committee shall hold or sponsor any raffle, dance, banquet or similar fund-raising event directed to persons other than the restricted group(s).5.3. Contributions and expenditures by Corporate or membership organization Political Action Committees. 5.3.1. No Corporate or membership organization Political Action Committee shall directly or indirectly make any contribution in excess of the limits set forth in 146 CSR 3. For purposes of applying contribution limitations, all Corporate or membership organization Political Action Committees established, maintained or controlled by the same corporation(s) or membership organization(s), including their respective parents, subsidiaries, branches, divisions, departments or local units, are aggregated into one (1) Political Action Committee. This contribution limitation applies separately to contributions made in connection with the primary election for nomination of a candidate, and contributions made in connection with the election which determines the officeholder.