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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) An advisory opinion rendered by the Commission under 11 CFR part 112 may be relied upon by:
(1) Any person involved in the specific transaction or activity with respect to which such advisory opinion is rendered, and
(2) Any person involved in any specific transaction or activity which is indistinguishable in all its material aspects from the transaction or activity with respect to which such advisory opinion is rendered.
(b) Notwithstanding any other provision of law, any person who relies upon an advisory opinion in accordance with 11 CFR 112.5(a) and who acts in good faith in accordance with that advisory opinion shall not, as a result of any such act, be subject to any sanction provided by the Federal Election Campaign Act of 1971, as amended, or by chapters 95 or 96 of the Internal Revenue Code of 1954.
Cite this article: FindLaw.com - Code of Federal Regulations Title 11. Federal Elections § 11.112.5 Reliance on advisory opinions (52 U.S.C. 30108(c)) - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-11-federal-elections/cfr-sect-11-112-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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