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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Alaska Statutes Title 42. Public Utilities and Carriers and Energy Programs § 42.40.705. Political activities - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-42-public-utilities-and-carriers-and-energy-programs/ak-st-sect-42-40-705/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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