jp5065
12-01-2007, 05:32 PM
First I just want to say that I know I don't have a million posts here, but I am a big Ron Paul supporter, even if I have been somewhat critical of the design for the blimp, I still think, in general, a blimp is a good idea.
I was wondering however if someone could explain how it is legal for you to do this using an LLC and not a PAC?
This is from FEC.GOV
Prohibited Contributions and Expenditures
The FECA places prohibitions on contributions and expenditures by certain individuals and organizations. The following are prohibited from making contributions or expenditures to influence federal elections:
* Corporations;
* Labor organizations;
* Federal government contractors; and
* Foreign nationals.
Furthermore, with respect to federal elections:
* No one may make a contribution in another person's name.
* No one may make a contribution in cash of more than $100.
In addition to the above prohibitions on contributions and expenditures in federal election campaigns, the FECA also prohibits foreign nationals, national banks and other federally chartered corporations from making contributions or expenditures in connection with state and local elections.
Can anyone answer this?:confused:
I was wondering however if someone could explain how it is legal for you to do this using an LLC and not a PAC?
This is from FEC.GOV
Prohibited Contributions and Expenditures
The FECA places prohibitions on contributions and expenditures by certain individuals and organizations. The following are prohibited from making contributions or expenditures to influence federal elections:
* Corporations;
* Labor organizations;
* Federal government contractors; and
* Foreign nationals.
Furthermore, with respect to federal elections:
* No one may make a contribution in another person's name.
* No one may make a contribution in cash of more than $100.
In addition to the above prohibitions on contributions and expenditures in federal election campaigns, the FECA also prohibits foreign nationals, national banks and other federally chartered corporations from making contributions or expenditures in connection with state and local elections.
Can anyone answer this?:confused: