Alaska Statutes Sec. 42.40.705 - Political Activities

(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.

Section: 42.40.705  42.40.710  42.40.720  42.40.730  42.40.740  42.40.750  42.40.760  42.40.770  42.40.780  42.40.790  42.40.800  42.40.810  42.40.820  42.40.830  42.40.840  Next

Last modified: November 15, 2016