§ 14-105. Contributions attributable to business entities
West's Annotated Code of MarylandElection LawEffective: October 1, 2017
Effective: October 1, 2017
MD Code, Election Law, § 14-105
Formerly cited as MD CODE Art. 33, § 14-101; MD CODE Art. 33, § 14-103
§ 14-105. Contributions attributable to business entities
(a) Except as provided in subsection (f) of this section, an applicable contribution made by an officer, director, or partner of a business entity doing public business shall be attributed to the business entity.
(b) Except as provided in subsection (f) of this section, each officer, director, or partner of a business entity doing public business who makes an applicable contribution shall report the applicable contribution to the chief executive officer of the business entity.
(c) An applicable contribution by an officer, director, partner, employee, agent, or other person made at the suggestion or direction of a business entity doing public business shall be attributed to the business entity.
(d) Each officer, director, partner, employee, agent, or other person who, at the suggestion or direction of a business entity doing public business, makes an applicable contribution shall report the applicable contribution to the chief executive officer of the business entity.
(e)(1) Business done with a governmental entity by a subsidiary of a business entity shall be attributed to the business entity.
(f)(1) In this subsection:
(i) “officer” means an individual who serves as an organization's president or chairman, vice-president or vice-chairman, secretary, treasurer, or executive director, or any individual exercising duties comparable to those typically exercised by an individual holding one of those titles in a nonprofit organization; and
(2) Subject to paragraph (3) of this subsection, an applicable contribution made by an individual who serves as a trustee or member of the board of directors or as an officer of a nonprofit organization doing public business is not attributable to the organization, and the individual is not required to report the applicable contribution to the chief executive officer of the organization.
(g)(1) A person doing public business shall maintain detailed and accurate records of:
Credits
Added by Acts 2002, c. 291, § 4, eff. Jan. 1, 2003. Amended by Acts 2002, c. 303, § 2, eff. Jan. 1, 2003; Acts 2002, c. 405, § 3, eff. Jan. 1, 2003; Acts 2003, c. 20, § 1, eff. April 8, 2003; Acts 2005, c. 528, § 1, eff. Oct. 1, 2005; Acts 2013, c. 419, § 1, eff. Jan. 1, 2015; Acts 2016, c. 252, § 1, eff. Oct. 1, 2016; Acts 2017, c. 631, § 1, eff. Oct. 1, 2017.
Formerly Art. 33, §§ 14-101, 14-103.
MD Code, Election Law, § 14-105, MD ELEC LAW § 14-105
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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