---
kind: "section"
citation: "11 C.F.R. § 100.33"
title: "11"
number: "100.33"
heading: "Personal funds."
url: "https://uscodex.org/cfr/11/100.33"
---

# §100.33. Personal funds.


Personal funds of a candidate means the sum of all of the following:

- (a) **Assets.** Amounts derived from any asset that, under applicable State law, at the time the individual became a candidate, the candidate had legal right of access to or control over, and with respect to which the candidate had—
  - (1) Legal and rightful title; or
  - (2) An equitable interest;
- (b) **Income.** Income received during the current election cycle, of the candidate, including:
  - (1) A salary and other earned income that the candidate earns from bona fide employment;
  - (2) Income from the candidate's stocks or other investments including interest, dividends, or proceeds from the sale or liquidation of such stocks or investments;
  - (3) Bequests to the candidate;
  - (4) Income from trusts established before the beginning of the election cycle;
  - (5) Income from trusts established by bequest after the beginning of the election cycle of which the candidate is the beneficiary;
  - (6) Gifts of a personal nature that had been customarily received by the candidate prior to the beginning of the election cycle; and
  - (7) Proceeds from lotteries and similar legal games of chance; and
- (c) **Jointly owned assets.** Amounts derived from a portion of assets that are owned jointly by the candidate and the candidate's spouse as follows:
  - (1) The portion of assets that is equal to the candidate's share of the asset under the instrument of conveyance or ownership; provided, however,
  - (2) If no specific share is indicated by an instrument of conveyance or ownership, the value of one-half of the property.

## Notes

### Amendments

[73 FR 79601, Dec. 30, 2008]

### Authority

Authority: 52 U.S.C. 30101, 30102(g), 30104, 30111(a)(8), and 30114(c).

### Source

Source: 45 FR 15094, Mar. 7, 1980, unless otherwise noted.

### Amendments

[73 FR 79601, Dec. 30, 2008]