{"data":{"id":"us-de/15-del.-c.-8013--2","jurisdiction":"us-de","citation":"15 Del. C. § 8013","heading":"Loan documentation [Effective July 1, 2027].","body":"(a) A loan made to a political committee must be documented by a written record that includes all of the following:\n(1) The lender’s name, address, and signature.\n(2) A statement of the schedule for repayment of the loan.\n(3) A statement of the interest rate of the loan.\n(b) A candidate may not charge interest on a loan made by a candidate to the candidate’s own candidate committee.\n(c) A political committee shall attach the written record required under subsection (a) of this section to a report required under subchapter IV of this chapter.\n(d) The following applies to the proceeds of a loan subject to the requirement of subsection (a) of this section:\n(1) The proceeds of the loan must be deposited into the political committee’s designated account within 3 business days of receipt of the proceeds.\n(2) The proceeds of the loan must not be held in a candidate’s personal account at a financial institution or in the account of another person.","path":["Title 15. Elections","Part VI. Election Campaigns","Chapter 80. Campaign Contributions and Expenditures","Subchapter II. Contribution Limits"],"source_url":"https://delcode.delaware.gov/title15/title15.pdf","current_through":"2026-08-27 (85 Del. Laws, c. 453, 455-458, 460)","vintage":"","retrieved_at":"2026-09-19T02:14:26Z","sha256":"070b2708ae0c511b684c423ee5006765e8d0f413a528c4c902e78615deb0793a","source_id":"us-de","stale":false,"prev":"us-de/15-del.-c.-8012a","next":"us-de/15-del.-c.-8013"},"notice":"GroundRules: Original legal text. Not legal advice."}
