<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="§ 7-25 Indebtedness.">
  <section prefix="§" num="7-25" heading="Indebtedness.">
    <para num="(a)" heading="In general.">Except as specified in subsection (c) of this section, the statement must include a schedule of each debt that was, at any time during the reporting period, owed:<para num="(1)">by the public servant or, if the public servant was involved in the transaction giving rise to the debt, by the public servant’s spouse, parent, child, or sibling,</para>
      <para num="(2)">to any business entity that was:<para num="(i)">a lobbyist;</para>
        <para num="(ii)">regulated by the public servant’s agency; or</para>
        <para num="(iii)">doing business with the public servant’s agency.</para>
      </para>
    </para>
    <para num="(b)" heading="Required specifics.">For each debt subject to this section, the schedule must include:<para num="(1)">the identity of the person to whom the debt was owed;</para>
      <para num="(2)">the date the debt was incurred;</para>
      <para num="(3)">the amount owed at the end of the reporting period;</para>
      <para num="(4)">the terms of payment;</para>
      <para num="(5)">the extent to which the principal was increased or decreased during the reporting period; and</para>
      <para num="(6)">any security given.</para>
    </para>
    <para num="(c)" heading="Exceptions.">This section does not apply to:<para num="(1)">a retail credit account;</para>
      <para num="(2)">a retail installment sales account; or</para>
      <para num="(3)">a utility account.</para>
    </para>
    <annotation type="History">Ord. 04-795</annotation>
    <annotation type="History">Ord. 19-239</annotation>
    <annotation type="Defined Terms">Agency	§2-2</annotation>
    <annotation type="Defined Terms">Business entity	§2-4</annotation>
    <annotation type="Defined Terms">Business with City	§2-5</annotation>
    <annotation type="Defined Terms">Child	§2-6</annotation>
    <annotation type="Defined Terms">Lobbyist	§2-20</annotation>
    <annotation type="Defined Terms">Person	§2-22</annotation>
    <annotation type="Defined Terms">Public servant	§2-23</annotation>
  </section>
</baltimore-city-law>
