Washington § 29B.40.170 - Restriction on loans.

Full text of Washington Revised Code of Washington § 29B.40.170 — Restriction on loans., with citation guidance and answers to common questions.

§ 29B.40.170. Restriction on loans.

(1) A loan is considered to be a contribution from the lender and any guarantor of the loan and is subject to the contribution limitations of this title. The full amount of the loan shall be attributed to the lender and to each guarantor.
(2) A loan to a candidate for public office or the candidate's authorized committee must be by written agreement.
(3) The proceeds of a loan made to a candidate for public office:
(a) By a commercial lending institution;
(b) Made in the regular course of business; and
(c) On the same terms ordinarily available to members of the public, are not subject to the contribution limits of this title.
[ 2024 c 164 s 459; 2010 c 204 s 610; 1995 c 397 s 22; 1993 c 2 s 12 (Initiative Measure No. 134, approved November 3, 1992). Formerly RCW 42.17A.465, 42.17.720.]

Notes

Intent—Construction—Rules remain valid—Effective date—2024 c 164: See notes following RCW 29B.10.010.
Effective date—2010 c 204 ss 101-504, 506-601, 603-702, and 801-1103: See note following RCW 29B.15.010.
Effective date—1995 c 397: See note following RCW 29B.40.020.
Short title—1993 c 2: See note following RCW 29B.40.010.

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Frequently Asked Questions About Washington § 29B.40.170

What does Revised Code of Washington § 29B.40.170 cover?

Section 29B.40.170 ("Restriction on loans.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 29B.40.170?

A common citation format is "Revised Code of Washington § 29B.40.170" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 29B.40.170 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.