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Financial and Other Contributions of Minnesota Corporations and Shareholders, Officers, and Directors to Civic Organizations and to Politically Related Organizations; Campaign Contributions - Chapter 55 - Advising Minnesota Corporations and Other Business
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Originally from: Advising Minnesota Corporations and Other Business Organizations - 2nd Edition - Hardcover Advising Minnesota Corporations and Other Business Organizations - 2nd Edition - Electronic
Preview Page CHAPTER 55
FINANCIAL AND OTHER CONTRIBUTIONS OF MINNESOTA CORPORATIONS, SHAREHOLDERS, OFFICERS, AND DIRECTORS TO CIVIC ORGANIZATIONS AND TO POLITICALLY RELATED ORGANIZATIONS; CAMPAIGN CONTRIBUTIONS
Section
§ 55.01 Restrictions on Corporate Political Activities under Minnesota Law
§ 55.02 Permitted Corporate Political Activities under Minnesota Law
§ 55.03 Restrictions on Corporate Political Activities under Federal Law
§ 55.04 Corporate Campaign Contributions and Independent Expenditures
§ 55.05 "Electioneering Communications"
§ 55.06 Soft Money
§ 55.07 Restrictions on Political Activities of Tax Exempt Corporations
§ 55.01 Restrictions on Corporate Political Activities under
Minnesota Law
Corporations, non-profit corporations and limited liability companies
doing business in Minnesota are prohibited from making campaign
contributions1 or independent expenditures2 to promote or defeat any
candidate for elected office.3 Corporations violating this prohibition are
subject to a fine of up to $40,000. In addition, Minnesota corporations
may be dissolved, and non-resident corporations may lose their rights to
do business in the state.4 Officers, managers, stockholders, members,
agents, employees, attorneys, or other corporate representatives who
make prohibited contributions or independent expenditures on behalf of a
corporation are subject to a fine of $20,000 and up to 5 years
imprisonment, or both.5
§ 55.02 Permitted Corporate Political Activities under Minnesota Law
Although Minnesota has a long history of restricting corporate
involvement in election campaigns,6 corporations may participate in
certain political activities. A corporation may make contributions or independent expenditures
to promote or defeat a ballot question, to help place a question on the
ballot, or to "express its views on issues of public concern."7 Corporations
Roger J. Magnuson is a Partner at Dorsey and Whitney, LLP, where he serves as Head of the National Strategic Litigation Group and has practiced since 1973. He has been recognized as one of the top trial lawyers in the United States by major national and international publications, including Chambers International Guide to American Lawyers, which profiles the top 500 trial lawyers in the United States, Best Lawyers in America, Who's Who in American Law, and Who's Who in America. Mr. Magnuson was also recognized by a Journal of Law and Politics' survey for Judge's Choice "Wins Most Cases."
Some high profile cases that he has litigated include representation of the Florida Senate in the Bush v. Gore election controversy in 2000; and representation of the Plaintiffs in the widely publicized and studied Mall of America case. For several years he has represented, among other persons and entities, the Minnesota Twins and Major League Baseball principals and players in litigation; and has litigated national and local cases in federal and state court venues. He has appealed before the Supreme Court in a number of cases; as well as the Minnesota Supreme Court. He has authored several articles and 7 books.
Richard A. Saliterman is a Principal in Saliternan & Siefferman P.C., a full-service firm in Minneapolis established in 1976. Mr. Saliterman is a leading expert on corporate business matters, and is the author of several publications on business start-ups, franchises, and trademarks. Mr. Saliterman is the former National Judge Advocate for the U.S. Navy League, based in Washington D.C.
Contributing Editor:
Amanda Chang
Contributing Authors:
Alecia Anderson
Seth Back
John Baker
Shannon Berg
Constatin Burachek
Benjamin Carpenter
Ryan Check
Carl Christensen
Peter Fear
Michael Frasier
Aaron Hall
Catherine Hanson
Paul Harman
Amy Ithlan
Michael Kern
Chris Kuhlman
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