<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 33.13.19.03" title_num="33" subtitle_num="13" chapter_num="19" heading="Mailing List.">
  <paragraph num="A.">
    <text>Expenditure. The purchase of a mailing list, email list, or a contributor list is a permissible expenditure by a political committee.</text>
  </paragraph>
  <paragraph num="B.">
    <text>In-Kind Contribution. The acceptance of a mailing list, email list, or a contributor list by a political committee from another person without providing compensation at fair market value is considered an in-kind contribution.</text>
  </paragraph>
  <paragraph num="C.">
    <text>Fair Market Value. The fair market value of the mailing list, email list, or contributor list shall be determined by industry practice for selling mailing list data at the time of receipt.</text>
  </paragraph>
</regulation>