12-27-18 Contributions by organizations to candidate committee or political party prohibited--Contr...
Contributions by organizations to candidate committee or political party
prohibited--Contributions to ballot question committee permitted--Violation as misdemeanor.
organization may make a contribution to a candidate committee or political party. An organization
may make a contribution to a ballot question committee organized solely for the purpose of
influencing an election on a ballot question and independent expenditures regarding the placement
of a ballot question on the ballot or the adoption or defeat of a ballot question. Any organization
making expenditures, equal to or exceeding fifty percent of the organization's annual gross income,
for the adoption or defeat of a ballot measure is a ballot question committee. An organization may
create a political action committee. A violation of this section is a Class 1 misdemeanor.
Source: SL 2007, ch 80, § 18; SL 2009, ch 65, § 1; SL 2010, ch 76, § 8, eff. Mar. 25, 2010; SL
2011, ch 83, § 2.