RULE §24.15 Payments to a Corporation of the Candidate or Officeholder


Published: 2015

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(a) If a corporation charges a candidate, officeholder,
or specific-purpose committee for supporting or assisting a candidate
or officeholder less than fair market value for goods or services
in order to comply with §253.041(b) of the Election Code, the
discount is not a prohibited corporate contribution.
(b) If the discount is greater than is necessary to
comply with §253.041(b) of the Election Code, the discount is
a prohibited corporate contribution if the discount is not otherwise
authorized by this chapter.


Source Note: The provisions of this §24.15 adopted to be effective December 31, 1993, 18 TexReg 9745; amended to be effective May 15, 2012, 37 TexReg 3577