Concerning corporate powers.

This bill redefines corporate powers in Washington State by removing implied powers and limiting corporations to only those abilities explicitly granted by law. It directly affects all entities with corporate status, including corporations, nonprofits, and limited liability companies, by revoking their ability to engage in political activities like ballot measure contributions or election spending. The legislation states that any corporate action outside its explicitly granted powers is void and results in loss of corporate privileges, while also establishing that out-of-state corporations involved in Washington election activities are subject to state jurisdiction.