16-920. Permitted expenditures by corporations and labor organizations

1. Expenditures for the following purposes shall not be construed to be political contributions prohibited by law:
   1. Communications by a corporation to its stockholders and executive or administrative personnel and their families, or by a labor organization to its members and their families, on any subject.

   2. Nonpartisan registration and get-out-the-vote campaigns by a corporation aimed at its stockholders and executive or administrative personnel and their families or by a labor organization aimed at its members and their families.

   3. The establishment, administration and solicitation of voluntary contributions to a separate segregated fund to be utilized for political purposes by a corporation, labor organization, membership organization, trade association, cooperative or corporation without capital stock.

   4. Contributions for use to support or oppose an initiative or referendum measure or amendment to the constitution.

2. A membership organization, trade association, cooperative or corporation without capital stock may engage in the activities permitted in paragraphs 1 and 2 of subsection A if such activities are directed toward its members, stockholders or members of its members, its and its members' executive or administrative personnel, and their families.

WARNING - The above text was curent June 2003, but may be outdated now.