2018 Tennessee Code
Title 2 - Elections
Chapter 10 - Campaign Finances
Part 1 - Financial Disclosure
§ 2-10-113. Digital currency as campaign contribution.

Universal Citation:
TN Code § 2-10-113 (2018)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
  • (a) A candidate or political campaign committee is allowed to accept digital currency as a contribution. Digital currency shall be considered a monetary contribution with the value of the digital currency being the market value of the digital currency at the time the contribution is received.

  • (b) Any increase in the value of digital currency being held by a candidate or political campaign committee shall be reported as interest on any statement filed pursuant to § 2-10-105.

  • (c) A candidate or political campaign committee must sell any digital currency and deposit the proceeds from those sales into a campaign account before spending the funds.

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