Code Section

Government Code - GOV

TITLE 9. POLITICAL REFORM [81000 - 91014]

  ( Title 9 added June 4, 1974, by initiative Proposition 9. )
  

CHAPTER 4. Campaign Disclosure [84100 - 84513]

  ( Chapter 4 added June 4, 1974, by initiative Proposition 9. )
  

ARTICLE 2. Filing of Campaign Statements [84200 - 84226]
  ( Article 2 added June 4, 1974, by initiative Proposition 9. )

  
84216.  

(a) Notwithstanding Section 82015, a loan received by a candidate or committee is a contribution unless the loan is received from a commercial lending institution in the ordinary course of business, or it is clear from the surrounding circumstances that it is not made for political purposes.

(b) A loan, whether or not there is a written contract for the loan, shall be reported as provided in Section 84211 when any of the following apply:

(1) The loan is a contribution.

(2) The loan is received by a committee.

(3) The loan is received by a candidate and is used for political purposes.

(Amended by Stats. 2000, Ch. 853, Sec. 5. Effective January 1, 2001.)