Some General Information regarding contributions, transfers and loans.
A contribution is money or
anything of value given to a political committee to promote or assist in
promoting the success or defeat of a candidate, political party, or question. A
contribution can be made by any individual or by an entity, including a
corporation or other business entity, a club, a federal committee, or
a labor union.
A transfer is a monetary
contribution made by one political committee to another. For example: a PAC may transfer money to a candidate committee. In
addition, the law allows an out-of-state political committee to transfer money
to a Delaware political committee if the out-of-state committee is properly
registered with its own state’s election authority.
A loan is a permissible way for a campaign to receive funds. Campaign Finance Contribution limits apply unless the funds are advanced by a national or state bank, building and loan association or licensed lender made in the
ordinary course of business. The Treasurer must not obligate the committee above the Contribution limits, unless there is an ability to pay the obligation.
Obtain a copy of the current Contribution table to know your Committee's limits.