Oregon Statutes 260.011 – Prohibition on using cryptocurrency to make contribution
Current as of: 2023 | Check for updates
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(1) A person may not make a contribution to a political candidate, a political committee or a petition committee using cryptocurrency.
Terms Used In Oregon Statutes 260.011
- Person: means an individual, corporation, limited liability company, labor organization, association, firm, partnership, joint stock company, club, organization or other combination of individuals having collective capacity. See Oregon Statutes 260.005
- Petition committee: means an initiative, referendum or recall petition committee organized under ORS § 260. See Oregon Statutes 260.005
- Political committee: means a combination of two or more individuals, or a person other than an individual, that has:
(a) Received a contribution for the purpose of supporting or opposing a candidate, measure or political party; or
(b) Made an expenditure for the purpose of supporting or opposing a candidate, measure or political party. See Oregon Statutes 260.005
(2) As used in this section, ‘cryptocurrency’ means digital or virtual currency that relies on cryptography to effect transfers and a decentralized network to record transactions. [2019 c.50 § 3]