SB 570 Corporations Campaign Material Stockholder Approval

About SB-570

Prohibiting a corporation from publishing or distributing campaign material in the State unless the campaign material is true, the board of directors has determined that the expenditure of funds is in the best interests of the corporation, and the content of the campaign material and the expenditure of funds has been approved by the stockholders by a specified vote; authorizing a direct stockholder action for an alleged violation of the Act; etc.