Iowa Conduct Policies for Board Members

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Multi-State
Control #:
US-ENTREP-0021-2
Format:
Word; 
Rich Text
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Description

The Directors and Senior Management Executives shall act in accordance with the highest standard of honesty, integrity, fairness and ethical conduct and shallexercise utmost good faith, due care and integrity in performing their duties.
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FAQ

Hear this out loud PauseIowa does not have campaign contribution limits. A candidate may accept monetary and in-kind contributions from individuals, political committees (?PACs?), and any entity that is not a prohibited contributor under section 68A.

Converting campaign funds to personal use is prohibited. Commission regulations provide a test, called the ?irrespective test,? to differentiate legitimate campaign and officeholder expenses from personal expenses.

A PAC or lobbyist may not give a candidate for statewide or legislative office a contribution on any during the regular legislative session and in the case of a gubernatorial candidate, during the 30 days following the adjournment of a regular legislative session. See Iowa Code section 68A.

A candidate may not make a contribution over the $5,500 limit to another candidate in jursidictions subject to the default state contribution limit, with limited exceptions related to recall elections, legal defense funds, and candidate controlled ballot measure committees.

Hear this out loud PauseIowa Code Supplement section 68A. 505 prohibits the expenditure of public moneys for political purposes, including expressly advocating the passage or defeat of a bal- lot issue.

Corporations, labor organizations, national banks National banks and federally chartered corporations may not make contributions in connection with any election?federal, state or local.

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Iowa Conduct Policies for Board Members