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Maine Revised Statutes Title 21-A. Elections § 1015-A. Corporate contributions

Current as of January 01, 2025 | Updated by Findlaw Staff

Contributions made by a for-profit or a nonprofit corporation including a parent, subsidiary, branch, division, department or local unit of a corporation, and contributions made by a political committee or political action committee whose contribution or expenditure activities are financed, maintained or controlled by a corporation are considered to be made by that corporation, political committee or political action committee.

1. Single entities. Two or more entities are treated as a single entity if the entities:

A. Share the majority of members of their boards of directors;

B. Share 2 or more officers;

C. Are owned or controlled by the same majority shareholder or shareholders;

C-1. Are limited liability companies that are owned or controlled by the same majority member or members; or

D. Are in a parent-subsidiary relationship.

2. Sole proprietorships. A sole proprietorship and its owner are treated as a single entity.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 21-A. Elections § 1015-A. Corporate contributions - last updated January 01, 2025 | https://codes.findlaw.com/me/title-21-a-elections/me-rev-st-tit-21-a-sect-1015-a/

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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