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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A loan is considered to be a contribution from the lender and any guarantor of the loan and is subject to the contribution limitations of this title. The full amount of the loan shall be attributed to the lender and to each guarantor.
(2) A loan to a candidate for public office or the candidate's authorized committee must be by written agreement.
(3) The proceeds of a loan made to a candidate for public office:
(a) By a commercial lending institution;
(b) Made in the regular course of business; and
(c) On the same terms ordinarily available to members of the public, are not subject to the contribution limits of this title.
Cite this article: FindLaw.com - Washington Revised Code Title 29B. Campaign Disclosure and Contribution § 29B.40.170. Restriction on loans (Effective January 1, 2026) - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-29b-campaign-disclosure-and-contribution/wa-rev-code-29b-40-170/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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