California Government Code

§ 84216

GOV § 84216 Effective Jan 1, 2001Title 9 · Ch. 4 · Art. 2

Statute text

(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.

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Legislative history

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