ORS 260.056: Written loan agreement; preservation of agreement.

(1) A loan made by or to a candidate, political committee or petition committee must be by written agreement.

      (2) A candidate, political committee or petition committee shall keep a copy of any written loan agreement with the detailed accounts of the candidate or committee required under ORS 260.055.

      (3) Notwithstanding ORS 260.055, a candidate, political committee or petition committee shall preserve a written loan agreement for at least two years after the statement of the loan is filed under ORS 260.057 or until the loan is repaid, whichever is later. [2005 c.809 §19; 2009 c.818 §27; 2011 c.652 §8]

(Statements of Contributions and Expenditures)