---
kind: "section"
citation: "11 C.F.R. § 104.13"
title: "11"
number: "104.13"
heading: "Disclosure of receipt and consumption of in-kind contributions."
url: "https://uscodex.org/cfr/11/104.13"
---

# §104.13. Disclosure of receipt and consumption of in-kind contributions.

- (a)
  - (1) The amount of an in-kind contribution shall be equal to the usual and normal value on the date received. Each in-kind contribution shall be reported as a contribution in accordance with [11 CFR 104.3(a)](/cfr/11/104.3.md?p=a).
  - (2) Except for items noted in [11 CFR 104.13(b)](#b), each in-kind contribution shall also be reported as an expenditure at the same usual and normal value and reported on the appropriate expenditure schedule, in accordance with [11 CFR 104.3(b)](/cfr/11/104.3.md?p=b).
- (b) Contributions of stocks, bonds, art objects, and other similar items to be liquidated shall be reported as follows:
  - (1) If the item has not been liquidated at the close of a reporting period, the committee shall record as a memo entry (not as cash) the item's fair market value on the date received, including the name and mailing address (and, where in excess of $200, the occupation and name of employer) of the contributor.
  - (2) When the item is sold, the committee shall record the proceeds. It shall also report the (i) name and mailing address (and, where in excess of $200, the occupation and name of employer) of the purchaser, if purchased directly from the candidate or committee (as the purchaser shall be considered to have made a contribution to the committee), and (ii) the identification of the original contributor.

## Notes

### Authority

Authority: 52 U.S.C. 30101(1), 30101(8), 30101(9), 30102(f), (g), and (i), 30104, 30111(a)(8) and (b), 30114, and 30116 and 36 U.S.C. 510.

### Source

Source: 45 FR 15108, Mar. 7, 1980, unless otherwise noted.