§ 7-25. Indebtedness.

(a) 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:

(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,

(2) to any business entity that was:

(i) a lobbyist;

(ii) regulated by the public servant's agency; or

(iii) doing business with the public servant's agency.

(b) Required specifics.

For each debt subject to this section, the schedule must include:

(1) the identity of the person to whom the debt was owed;

(2) the date the debt was incurred;

(3) the amount owed at the end of the reporting period;

(4) the terms of payment;

(5) the extent to which the principal was increased or decreased during the reporting period; and

(6) any security given.

This section does not apply to:

(1) a retail credit account;

(2) a retail installment sales account; or

(3) a utility account.