SEC. 97-13-15. Prohibited political contributions by corporations.

It shall be unlawful for any corporation, incorporated company or incorporated association, by whatever name it may be known, incorporated or organized under the laws of this state, or doing business in this state, or for any servant, agent, employee or officer thereof, to give, donate, appropriate or furnish directly or indirectly, any money, security, funds or property of said corporation, incorporated company or incorporated association, in excess of One Thousand Dollars ($1,000.00) per calendar year for the purpose of aiding any political party or any candidate for any public office, or any candidate for any nomination for any public office of any political party, or to give, donate, appropriate or furnish, directly or indirectly, any money, security, funds or property of said corporation, incorporated company or association in excess of One Thousand Dollars ($1,000.00) to any committee or person as a contribution to the expense of any political party or any candidate, representative or committee of any political party or candidate for nomination by any political party, or any committee or other person acting in behalf of such candidate. The limit of One Thousand Dollars ($1,000.00) for contributions to political parties, candidates and committees or other persons acting in behalf of such candidates shall be an annual limitation applicable to each calendar year.

SOURCES: Codes, Hemingway's 1917, Sec. 861; 1930, Sec. 886; 1942, Sec. 2112; Laws, 1908, ch. 124; 1978, ch. 479, Sec. 5, eff from and after passage (approved April 14, 1978), (the United States Attorney General interposed no objection to this amendment on May 5, 1978). Amended by Laws 1999, Ch. 301, Sec. 19, HB1609, eff. from and after effectuation under Section 5 of the Voting Rights Act of 1965, as amended and extended.

PREVIOUS VERSIONS: Pre-1999