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installment or credit card transaction, if the loan is made or the indebtedness created in the
<br /> lender's regular course of business on terms available to members of the public without regard
<br /> to the elected officers official status. This subdivision shall not apply to loans made to a public
<br /> official whose duties are solely secretarial, clerical, or manual.
<br /> (E) This section shall not apply to the following:
<br /> 1. Loans made to the campaign committee of an elected officer or candidate for elective
<br /> office.
<br /> 2. Loans made by a public official's spouse, child, parent, grandparent, grandchild,
<br /> brother, sister, parent-in-law, brother-in-law, sister-in-law, nephew, niece, aunt, uncle, or first
<br /> cousin, or the spouse of any such persons, provided that the person making the loan is not
<br /> acting as an agent or intermediary for any person not otherwise exempted under this section.
<br /> 3. Loans from a person which, in the aggregate, do not exceed five hundred dollars
<br /> ($500) at any given time.
<br /> 4. Loans made, or offered in writing, before January 1, 1998.
<br /> (8.3) Section 8.3. Loan Terms.
<br /> (A) Except as set forth in subdivision (B), no elected officer of a state or local
<br /> government agency shall, from the date of his or her election to office through the date he or
<br /> she vacates office, receive a personal loan of five hundred dollars ($500) or more, except when
<br /> the loan is in writing and clearly states the terms of the loan, including the parties to the loan
<br /> agreement, date of the loan, amount of the loan, term of the loan, date or dates when payments
<br /> shall be due on the loan and the amount of the payments, and the rate of interest paid on the
<br /> loan.
<br /> (B) This section shall not apply to the following types of loans:
<br /> 1. Loans made to the campaign committee of the elected officer.
<br /> 2. Loans made to the elected officer by his or her spouse, child, parent, grandparent,
<br /> grandchild, brother, sister, parent-in-law, brother-in-law, sister-in-law, nephew, niece, aunt,
<br /> uncle, or first cousin, or the spouse of any such person, provided that the person making the
<br /> loan is not acting as an agent or intermediary for any person not otherwise exempted under this
<br /> section.
<br /> 3. Loans made, or offered in writing, before January 1, 1998.
<br /> (C) Nothing in this section shall exempt any person from any other provision of Title 9 of
<br /> the Government Code.
<br /> (8.4) Section 8.4. Personal Loans.
<br /> (A) Except as set forth in subdivision (B), a personal loan received by any designated
<br /> employee shall become a gift to the designated employee for the purposes of this section in the
<br /> following circumstances:
<br /> 1. If the loan has a defined date or dates for repayment, when the statute of limitations
<br /> for filing an action for default has expired.
<br /> 2. If the loan has no defined date or dates for repayment, when one year has elapsed
<br /> from the later of the following:
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