Subject: Re: [EL] "Political Insider Campaign funds are seizable assets in bankruptcies?"
From: Beth Kingsley
Date: 5/12/2011, 9:23 AM
To: "Scarberry, Mark" <Mark.Scarberry@pepperdine.edu>, Election Law <election-law@mailman.lls.edu>

One would simply incorporate the campaign committee as a nonprofit.  In CA, with its further taxonomy of nonprofit corporations, it would be a mutual benefit corporation.  The same as if incorporating a PAC “for liability purposes only.” 

 

Beth

 

Elizabeth Kingsley
Harmon, Curran, Spielberg & Eisenberg, LLP
1726 M St., NW
Suite 600
Washington, DC 20036
202-328-3500

 

 

 

 

From: election-law-bounces@mailman.lls.edu [mailto:election-law-bounces@mailman.lls.edu] On Behalf Of Scarberry, Mark
Sent: Thursday, May 12, 2011 11:35 AM
To: Election Law
Subject: [EL] "Political Insider Campaign funds are seizable assets in bankruptcies?"

 

The linked article suggests that former state legislator Jill Chambers should have set up a corporation to hold her campaign funds. A simple question from someone who does not practice election law: What kind of corporation typically is used to hold campaign contribution?

 

Mark S. Scarberry

Professor of Law

Pepperdine Univ. School of Law

Malibu, CA 90263

(310) 506-4667

 

From: election-law-bounces@mailman.lls.edu [mailto:election-law-bounces@mailman.lls.edu] On Behalf Of Rick Hasen
Sent: Thursday, May 12, 2011 7:44 AM
To: Election Law
Subject: [EL] Electionlawblog news and commentary 5/12/11

 

…

 

May 12, 2011

"Political Insider Campaign funds are seizable assets in bankruptcies?"

Who knew?

Posted by Rick Hasen at 04:59 PM

…

--
Rick Hasen
Visiting Professor
UC Irvine School of Law
401 E. Peltason Dr., Suite 1000
Irvine, CA 92697-8000
949.824.3072 - office
949.824.0495 - fax
rhasen@law.uci.edu
http://law.uci.edu/faculty/page1_r_hasen.html

William H. Hannon Distinguished Professor of Law
Loyola Law School
http://electionlawblog.org