Campaign Finance Regulation

ORS 260.056
Written loan agreements


(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 (Accounts of contributions and expenditures).

(3)

Notwithstanding ORS 260.055 (Accounts of contributions and expenditures), 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 (Electronic campaign finance filing system) or until the loan is repaid, whichever is later. [2005 c.809 §19; 2009 c.818 §27; 2011 c.652 §8]
§§ 260.005 to 260.255

Notes of Decisions

Disclosure requirements, specifically with respect to third parties, do not infringe on right to associate for political purposes and are constitutional. Oregon Socialist Workers v. Paulus, 432 F Supp 1255 (1977)

Chapter 260

Atty. Gen. Opinions

Application to committee collecting contributions to establish fund to defray elected official's expenses incurred in performing political functions of office, (1980) Vol 40, p 11; preemption by federal law of campaign financing with respect to federal candidates, (1981) Vol 41, p 420

Law Review Citations

50 OLR 299-321 (1971); 55 OLR 253-266 (1976)


Source

Last accessed
Jun. 26, 2021