25. Is there a ban on candidates taking loans in relation to election campaigns?

Specific additional record keeping requirements apply to loans received from a lending institution and those obtained for a campaign by the candidate (11 Code of Federal Regulations 104.14(b)(4). Added to these specific requirements for individual transactions, the implementing regulations require each person obliged to file disclosure reports to maintain records to allow those reports to be verified, explained, clarified and checked for accuracy and completeness. Examples of such records include bank account statements, vouchers, worksheets, receipts, bills and accounts.

GRECO (2011), Evaluation Report on the United States of America Transparency of Party Funding (Theme II), p.18.