Section 8-13-1326 - Loans to candidates considered contributions; limitations; exceptions(A) A loan is considered a contribution from the maker or the guarantors of the loan and is subject to the contribution limitations of this article.(B) A loan to a candidate must be by written agreement.(C) The proceeds of a loan made to a candidate under the following conditions are not subject to the contribution limits of this article:(1) by a commercial lending institution;(2) in the regular course of business;(3) on the same terms ordinarily available to members of the public; and(4) secured or guaranteed upon which collection is not made.1991 Act No. 248, Section 3, eff 1/1/1992 and governs only transactions which take place after December 31, 1991.