Texas Election Code 253.098 – Communication With Stockholders or Members
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(a) A corporation or labor organization may make one or more direct campaign expenditures from its own property for the purpose of communicating directly with its stockholders or members, as applicable, or with the families of its stockholders or members.
(b) An expenditure under this section is not reportable under Chapter 254.
Terms Used In Texas Election Code 253.098
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Property: means real and personal property. See Texas Government Code 311.005