Providing that artificial persons shall not possess any political powers relating to election activity or ballot-issue activity.

HB 2766 prohibits corporations and foreign entities doing business in Kansas from engaging in election-related activities (like campaigning for candidates) or ballot initiatives (like supporting or opposing voter measures). It states that any such activity by these entities would be void and result in automatic loss of corporate privileges, such as limited liability. The law applies to all Kansas-registered corporations and foreign entities operating in the state, but excludes government bodies and does not affect natural persons' rights to free speech or assembly. It amends multiple Kansas statutes to explicitly define corporate powers and clarify that political activities were never intended as part of corporate charters.