1. (a) During an election cycle, a candidate may use campaign contributions to repay loans made by:

   1. (1) The candidate from his or her personal funds to the campaign; or
   2. (2) Financial institutions to the candidate and applied to the campaign.

2. (b)

   1. (1) After an election, a candidate may retain any campaign contributions required to repay loans made by:

      1. (A) The candidate from his or her personal funds to the campaign; or
      2. (B) Financial institutions to the candidate and applied to the campaign.
   2. (2) Such contributions are subject to applicable campaign contribution limits.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules contained a footnote to 7 CAR § 3-126(b)(1) as follows: “44 Ark. Code Ann. § 7-6-201(17)(A)”.