P.R. Laws tit. 16, § 625g

2019-02-20 00:00:00+00
§ 625g. Juridical persons

No juridical person shall make contributions from its own resources inside or outside of Puerto Rico to any political party, aspirant, candidate, campaign committee or to any authorized agent, representative, or committee thereof, or to political action committees subject to this chapter that make contributions or coordinate expenditures among them. However, it may establish, organize, and administer a committee to be known as a segregated funds committee that, for the purposes of contributions and expenditures, shall be treated as a public action committee that must be registered in the Office of the Election Comptroller, render reports, and meet all requirements imposed under this chapter. Thus, its members, employees and their relatives up to a second degree of consanguinity or affinity may make contributions that shall be deposited in the bank account established and registered in the Office of the Election Comptroller for such purposes. The segregated funds committee may make contributions from said bank account to political parties, aspirants, candidates, campaign committees and authorized committees, as well as to political action committees making contributions to any of them.

History —Nov. 18, 2011, No. 222, § 6.007; July 3, 2012, No. 135, § 12; renumbered as § 5.006 and amended on Dec. 19, 2014, No. 233, § 25.