EAO 340

An incorporated association may make expenditures for candidate appearances before the association’s members or stockholders only if all candidates for the office are given the same opportunity to appear and are presented on an equal footing. An incorporated association may make expenditures to set up a phone bank to urge members or stockholders and their families to vote for particular candidates, or to conduct a partisan get-out-the-vote drive directed at those individuals, only if the candidates benefitted have not given their prior consent or approval. Corporate expenditures incurred in issuing a press release through the corporation’s usual press contacts announcing endorsements of candidates by a political committee established by the corporation are prohibited political expenditures.