{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/24.2-947.4_1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/24.2-947.4_1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/24.2-947.4_1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/24.2-947.4_1.html"}],"law_id":81332,"edition_id":1,"section_id":81332,"structure_id":13787,"section_number":"24.2-947.4:1","catch_line":"Loans to candidate campaign committees; prohibited interest payments; civil penalty","history":"2012, c. 163.","full_text":"This section shall apply to any loan made to a candidate campaign committee by the candidate or by a member of his immediate family as that term is defined in \u00a7 30-101. There shall be no interest paid to the candidate or his immediate family member by the candidate campaign committee on the amount of the loan, and the committee shall repay no more than the face value of the loan.\n\t\tAny person who accepts or makes an interest payment in violation of this section shall be subject to a civil penalty equal to the amount of the prohibited interest payment or $500, whichever amount is greater. The attorney for the Commonwealth shall initiate civil proceedings to enforce the civil penalty provided herein. Any civil penalties collected shall be payable to the State Treasurer for deposit to the general fund.","order_by":null,"text":{"0":{"id":291481,"text":"This section shall apply to any loan made to a candidate campaign committee by the candidate or by a member of his immediate family as that term is defined in \u00a7 30-101. There shall be no interest paid to the candidate or his immediate family member by the candidate campaign committee on the amount of the loan, and the committee shall repay no more than the face value of the loan.\n\t\tAny person who accepts or makes an interest payment in violation of this section shall be subject to a civil penalty equal to the amount of the prohibited interest payment or $500, whichever amount is greater. The attorney for the Commonwealth shall initiate civil proceedings to enforce the civil penalty provided herein. Any civil penalties collected shall be payable to the State Treasurer for deposit to the general fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13787,"edition_id":1,"name":"Candidates and Their Campaign Committees","identifier":"3","label":"article","depth":3,"order_by":1,"parent_id":13071,"metadata":{},"date_created":"2026-06-26 03:45:52","date_modified":"2026-06-26 03:45:52","permalink":{"id":189095,"object_type":"structure","relational_id":13787,"identifier":"3","token":"24.2\/9.3\/3","url":"\/24.2\/9.3\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13071,"edition_id":1,"name":"Campaign Finance Disclosure Act of 2006","identifier":"9.3","label":"chapter","depth":2,"order_by":1,"parent_id":12937,"metadata":{},"date_created":"2026-06-26 03:44:14","date_modified":"2026-06-26 03:44:14","permalink":{"id":189053,"object_type":"structure","relational_id":13071,"identifier":"9.3","token":"24.2\/9.3","url":"\/24.2\/9.3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12937,"edition_id":1,"name":"Elections","identifier":"24.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:03","date_modified":"2026-06-26 03:44:03","permalink":{"id":187149,"object_type":"structure","relational_id":12937,"identifier":"24.2","token":"24.2","url":"\/24.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":82184,"structure_id":13787,"section_number":"24.2-947","catch_line":"Candidate election cycle","url":"\/24.2-947\/","token":"24.2\/9.3\/3\/24.2-947","metadata":false},{"id":69486,"structure_id":13787,"section_number":"24.2-947.1","catch_line":"Statement of organization","url":"\/24.2-947.1\/","token":"24.2\/9.3\/3\/24.2-947.1","metadata":false},{"id":75750,"structure_id":13787,"section_number":"24.2-947.10","catch_line":"Filing requirements for persons with multiple campaign committees","url":"\/24.2-947.10\/","token":"24.2\/9.3\/3\/24.2-947.10","metadata":false},{"id":72678,"structure_id":13787,"section_number":"24.2-947.11","catch_line":"Special report required of certain large pre-legislative session contributions","url":"\/24.2-947.11\/","token":"24.2\/9.3\/3\/24.2-947.11","metadata":false},{"id":66685,"structure_id":13787,"section_number":"24.2-947.2","catch_line":"Campaign depositories; 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disbursement of surplus funds","url":"\/24.2-948.4\/","token":"24.2\/9.3\/3\/24.2-948.4","metadata":false},{"id":83947,"structure_id":13787,"section_number":"24.2-948.5","catch_line":"Reviews of campaign finance reports and records","url":"\/24.2-948.5\/","token":"24.2\/9.3\/3\/24.2-948.5","metadata":false},{"id":64578,"structure_id":13787,"section_number":"24.2-948.6","catch_line":"(Effective July 1, 2026) Use of campaign funds","url":"\/24.2-948.6\/","token":"24.2\/9.3\/3\/24.2-948.6","metadata":false},{"id":68549,"structure_id":13787,"section_number":"24.2-948.7","catch_line":"(Effective July 1, 2026) Violations of the ban on personal use of campaign funds; complaint; notice; hearing; civil penalties","url":"\/24.2-948.7\/","token":"24.2\/9.3\/3\/24.2-948.7","metadata":false},{"id":85751,"structure_id":13787,"section_number":"24.2-948.8","catch_line":"(Effective July 1, 2026) Advisory opinions","url":"\/24.2-948.8\/","token":"24.2\/9.3\/3\/24.2-948.8","metadata":false},{"id":72361,"structure_id":13787,"section_number":"24.2-948.9","catch_line":"(Effective July 1, 2026) Prohibited Personal Use Enforcement Fund","url":"\/24.2-948.9\/","token":"24.2\/9.3\/3\/24.2-948.9","metadata":false}],"previous_section":{"id":59018,"structure_id":13787,"section_number":"24.2-947.4","catch_line":"Information to be included on campaign finance reports for campaign committees","url":"\/24.2-947.4\/","token":"24.2\/9.3\/3\/24.2-947.4","metadata":false},"next_section":{"id":62414,"structure_id":13787,"section_number":"24.2-947.5","catch_line":"With whom candidates file reports; electronic filing requirement","url":"\/24.2-947.5\/","token":"24.2\/9.3\/3\/24.2-947.5","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/24.2-947.4:1\/","history_text":"

This law was first created in 2012. The record of its establishment is cataloged in chapter 163<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":75007,"section_number":"30-101","catch_line":"Definitions","order_by":null,"url":"\/30-101\/"}],"permalink":{"id":189129,"object_type":"law","relational_id":81332,"identifier":"24.2-947.4:1","token":"24.2\/9.3\/3\/24.2-947.4_1","url":"\/24.2-947.4_1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/24.2-947.4_1\/","token":"24.2\/9.3\/3\/24.2-947.4_1","dublin_core":{"Title":"Loans to candidate campaign committees; prohibited interest payments; civil penalty","Type":"Text","Format":"text\/html","Identifier":"\u00a7 24.2-947.4:1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

This section shall apply to any loan made to a candidate<\/span> campaign committee by the candidate<\/span> or by a member of his immediate family as that term is defined in \u00a7 30-101<\/a>. There shall be no interest paid to the candidate<\/span> or his immediate family member by the candidate<\/span> campaign committee on the amount of the loan, and the committee shall repay no more than the face value of the loan.\n\t\tAny person who accepts or makes an interest payment in violation of this section shall be subject to a civil penalty<\/span> equal to the amount of the prohibited interest payment or $500, whichever amount is greater. The attorney for the Commonwealth shall initiate civil proceedings to enforce the civil penalty<\/span> provided herein. Any civil penalties collected shall be payable to the State Treasurer for deposit to the general fund.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLOANS TO CANDIDATE CAMPAIGN COMMITTEES; PROHIBITED INTEREST PAYMENTS; CIVIL\nPENALTY (\u00a7 24.2-947.4:1)\n\nThis section shall apply to any loan made to a candidate campaign committee by\nthe candidate or by a member of his immediate family as that term is defined in\n\u00a7 30-101. There shall be no interest paid to the candidate or his immediate\nfamily member by the candidate campaign committee on the amount of the loan, and\nthe committee shall repay no more than the face value of the loan.\n\t\tAny person who accepts or makes an interest payment in violation of this\nsection shall be subject to a civil penalty equal to the amount of the\nprohibited interest payment or $500, whichever amount is greater. The attorney\nfor the Commonwealth shall initiate civil proceedings to enforce the civil\npenalty provided herein. Any civil penalties collected shall be payable to the\nState Treasurer for deposit to the general fund.\n\nHISTORY: 2012, c. 163.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}