Corporations, labor organizations, and national banks

Sec. 3. (a) Notwithstanding IC 23-0.5-8-2 or any other statute, a corporation or labor organization may make a contribution to aid in the: (1) election or defeat of a candidate; or (2) the success or defeat of: (A) a political party; or (B) a public question submitted to a vote in an election. (b) Contributions by a corporation or labor organization are limited to those authorized by sections 4, 5, and 6 of this chapter. (c) A national bank or a corporation organized by authority of any law of Congress must comply with contribution restrictions applicable to Indiana elections under 52 U.S.C. 30118. [Pre-1986 Recodification Citations: 3-4-3-3(a) part; 3-4-3-3(c).] As added by P.L.5-1986, SEC.5. Amended by P.L.11-1987, SEC.3; P.L.7-1990, SEC.29; P.L.14-1992, SEC.1; P.L.3-1997, SEC.176; P.L.128-2015, SEC.145; P.L.118-2017, SEC.1.