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98ELC-03

TO:    John F. Bender
           Chief Elections Counsel
           Office of Secretary of State, Bob Taft

After clarification, you are requesting an advisory opinion on the following question:

Are loans by corporation contributions pursuant to R.C. 3517.01(B)(5) and subject to the restrictions of R.C. 3599.03?

SYLLABUS: A loan to a candidate's campaign committee or for other partisan political purposes, made in the ordinary course of business by a corporation which is a lending institution as defined in this opinion and in Ohio Administrative Code 111-1-03(H), shall not be considered a contribution in contravention of Ohio Revised Code 3599.03.