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to the elected officer's 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: <br /> a. The date the loan was made. <br /> b. The date the last payment of one hundred dollars ($100) or more was made on the <br /> loan. <br /> c. The date upon which the debtor has made payments on the loan aggregating to less <br /> than two hundred fifty dollars ($250) during the previous 12 months. <br /> Page 6 of 12 <br />