Indiana Code

Ind. Code § 3-9-2-3 (2026)

Corporations, labor organizations, and national banks

✓ current as of May 2026
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     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.

 

Notes of Decisions
Cited in 3 cases (3 in the last 5 years), 2022–2023 · leading case: Indiana Right to Life Victory Fund v. Diego Morales, 66 F.4th 625 (7th Cir. 2023).
Indiana Right to Life Victory Fund v. Diego Morales, 66 F.4th 625 (7th Cir. 2023). “” Ind. Code § 3-9-2-3 (a). But corporate contributions “are limited to those authorized by sections 4, 5, and 6 of this chapter.”
Indiana Right to Life Victory Fund v. Sullivan (S.D. Ind. 2022). · cites it 3× “CODE § 3-9-2-3(a). However, contributions by a corporation "are limited 3 For a PAC, "[a] contribution is any donation accepted by a political action committee governed by Indiana's election laws.”
Indiana Right to Life Victory Fund v. Diego Morales (Ind. 2023). “The General Assembly originally enacted Election Code sections 3-9-2-3 to -6, regulating corporate campaign contributions, in 1986.”
— Ind. Code § 3-9-2-3(a) — 1 case
Indiana Right to Life Victory Fund v. Sullivan (S.D. Ind. 2022). “CODE § 3-9-2-3(a). However, contributions by a corporation "are limited 3 For a PAC, "[a] contribution is any donation accepted by a political action committee governed by Indiana's election laws.”
— Ind. Code § 3-9-2-3(b) — 1 case
Indiana Right to Life Victory Fund v. Sullivan (S.D. Ind. 2022). “CODE § 3-9-2-3(a). However, contributions by a corporation "are limited 3 For a PAC, "[a] contribution is any donation accepted by a political action committee governed by Indiana's election laws.”
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