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installment or credit card transaction, if the loan is made or the indebtedness
<br /> created in the lender's regular course of business on terms available to members of
<br /> the public without regard to the elected officer's official status. This subdivision
<br /> shall not apply to loans made to a public official whose duties are solely
<br /> 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
<br /> for elective office.
<br /> 2. Loans made by a public official's spouse, child, parent, grandparent,
<br /> grandchild,brother, sister, parent-in-law, brother-in-law, sister-in-law,
<br /> nephew, niece, aunt, uncle, or first cousin, or the spouse of any such persons,
<br /> provided that the person making the loan is not acting as an agent or
<br /> intermediary for any person not otherwise exempted under this section.
<br /> 3. Loans from a person which, in the aggregate, do not exceed $500 at any
<br /> 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 the officer's election to office through
<br /> the date the officer vacates office, receive a personal loan of$500 or more, except
<br /> when the loan is in writing and clearly states the terms of the loan, including the
<br /> parties to the loan agreement, date of the loan, amount of the loan, term of the
<br /> loan, date or dates when payments shall be due on the loan and the amount of the
<br /> payments, and the rate of interest paid on the 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,
<br /> grandparent, grandchild, brother, sister,parent-in-law, brother-in-law, sister-
<br /> in-law, nephew, niece, aunt, uncle, or first cousin, or the spouse of any such
<br /> person,provided that the person making the loan is not acting as an agent or
<br /> intermediary for any person not otherwise exempted under this 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
<br /> Title 9 of 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
<br /> designated employee shall become a gift to the designated employee for the
<br /> purposes of this section in the following circumstances:
<br /> 1. If the loan has a defined date or dates for repayment,when the statute of
<br /> limitations 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
<br /> elapsed from the later of the following: •
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