Indiana Statutes § 3-9-2-5 Contributions or donations to specific candidate or committee
Statute Text
(a)
A contribution:
(1)
authorized under subsection (c) or section 4 of this chapter;
(2)
to a committee by a corporation or labor organization; and
(3)
designated by that corporation or labor organization for disbursement to a specific candidate, central committee, or other regular party committee;
is subject to the limitations in section 4 of this chapter.
(b)
A corporation or labor organization may make a donation to cover any amount of administrative costs (as described in IC
3-5-2-15
(e)
) to a political action committee established and controlled by the corporation or labor organization. A donation made under this subsection is not considered a contribution or an expenditure by the corporation or labor organization.
(c)
A corporation or labor organization may make a contribution to a political action committee if the contribution:
(1)
does not exceed any of the limits prescribed under section 4 of this chapter; and
(2)
is designated for disbursement to a specific candidate or committee listed under section 4 of this chapter.
Source
Pre-1986 Recodification Citation: 3-4-3-3(b).
History
As added by P.L. 5-1986 , SEC. 5 . Amended by P.L. 10-1988 , SEC. 67 ; P.L. 3-1995 , SEC. 67 ; P.L. 8-1995 , SEC. 36 ; P.L. 2-1996 , SEC. 96 ; P.L. 3-1997 , SEC. 177 .
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