LegalFix
Sign In

Sec. 42.40.705. Political activities.

AK Stat § 42.40.705 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a) Money, assets, or property of the corporation may not be used for political activities. However, board members and employees may communicate with and appear before committees of Congress, the state legislature, and municipal governing bodies in connection with matters directly affecting the corporation.

(b) A board member or employee who violates the provisions of this section is personally subject to a civil penalty assessed by a judge of the superior court in an amount not to exceed $5,000. An action to enforce this section may be brought by any person.

No previous sections
Next Section
Sec. 42.40.710. Corporation employees.