California Statutes
§ 84216. — 84216. (Amended by Stats. 2000, Ch. 853, Sec. 5.)
California·Code GOV Government Code - GOV·Title 9. TITLE 9. POLITICAL REFORM·Ch. 4. CHAPTER 4. Campaign Disclosure·Art. 2. ARTICLE 2. Filing of Campaign Statements
(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.
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California § 84216. (84216. (Amended by Stats. 2000, Ch. 853, Sec. 5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2000, Ch. 853, Sec. 5. Effective January 1, 2001.