Source: http://nyccfb.info/law/rules/rule-2-11-non-participation/
Timestamp: 2017-04-30 09:02:19
Document Index: 230878994

Matched Legal Cases: ['§3', '§3', '§3', '§3', '§3', '§3', '§3', '§3', '§3', '§3']

Rule 2-11 Non-Participation. | New York City Campaign Finance Board
Rule 2-11 Non-Participation.
(a) Generally. A candidate who does not file a certification pursuant to either §3-703 or §3-718 of the Code, or who rescinds his or her certification prior to the certification deadline by filing a certification rescission form, shall be deemed to be a non-participant pursuant to §3-719 of the Code. A non-participant shall not be eligible to receive public funds pursuant to §3-705 of the Code and shall not be subject to the expenditure limitations provided in §3-706 of the Code. A non-participant may accept contributions from political committees notwithstanding the restrictions on such contributions contained in §3-703(k) of the Code.
(b) Compliance. Except as otherwise specified in these Rules, the non-participant shall comply fully with the requirements of the Act:
(1) Campaign finance disclosure statements. The non-participant shall file all disclosure statements as required pursuant to Chapter 3 of these Rules.
(2) Accounting and auditing. The non-participant shall be subject to all accounting and auditing requirements as set forth in Chapter 4 of these Rules.
(3) Corporate, limited liability company, and partnership contributions. The non-participant shall not accept, either directly or indirectly, any contribution, loan, guarantee, or other security for such loan from any corporation, limited liability company, or partnership, including a limited liability partnership, other than a corporation, limited liability company, or partnership that is a political committee as defined in the Act. This prohibition does not apply to loans made in the regular course of business, regardless what form of business entity the lender assumes; but does prohibit the acceptance of a guarantee or other security for such a loan from a corporation, limited liability company, or partnership.
(4) Contribution limitations. The non-participant shall not accept, either directly, indirectly, or by transfer, any contribution or contributions from any one individual, political committee, labor organization or other entity for all covered elections held in the same calendar year in which he or she is a candidate which in the aggregate exceed the contribution limitations set forth in §§3-703(1)(f) and (1-a) of the Code; provided, however, that a non-participant may make contributions to his or her own authorized committees with his or her personal funds or property and may make advances or loans with his or her personal funds or property, without regard to any contribution limitations provided in §3-703(1)(f) or (h) or (1-a) of the Code. A candidate's personal funds or property shall include his or her funds or property jointly held with his or her spouse, domestic partner, or unemancipated children.
(5) Contributors having business dealings with the city. The non-participant shall inquire of every individual or entity making a contribution, loan, guarantee or other security for such loan in excess of the amounts set forth in §3-703(1-a) of the Code whether such contributor has business dealings with the city, as that term is defined in the Act.
(c) Penalties. A non-participant shall be subject to penalties pursuant to §§3-710.5 and 3-711 of the Code for violations of the Act or these Rules.