Texas Election Code 253.104 – Contribution to Political Party
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(a) A corporation or labor organization may make a contribution from its own property to a political party to be used as provided by Chapter 257.
(b) A corporation or labor organization may not knowingly make a contribution authorized by Subsection (a) during a period beginning on the 60th day before the date of a general election for state and county officers and continuing through the day of the election.
Terms Used In Texas Election Code 253.104
- 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.
- General election: means an election, other than a primary election, that regularly recurs at fixed dates. See Texas Election Code 1.005
- Property: means real and personal property. See Texas Government Code 311.005
(c) A corporation or labor organization that knowingly makes a contribution in violation of this section commits an offense. An offense under this section is a felony of the third degree.