Wednesday, June 1, 2011

Lyda Ness-Garcia Accepts Corporate Loans

As if all her screw up weren't enough. Lyda Ness has gotten herself in another mess. Her campaign finance report dated April 14, 2011 was turned in with a schedule E (campaign loans). The document shows that she loaned herself, no wait, her business The Law Offices of Lyda Ness-Garcia PC loaned her $500 on 3/17/2011 and then loaned her $2000 on 4/11/2011. Unfortunately her company is a Professional Corporation. Under the Texas Ethics Commission it is prohibited for a corporation to make loans to any type of campaign unless it's a financial institution.


Lyda a. Ness-Garcia Finace Report

I'm interested to see how Maria Garcia and Jaime Abeytia try to dismiss this one. Here are the statutes just in case you want to check for yourself.


§ 24.5. Corporate Loans
(a) A corporation may not make a loan to a candidate, officeholder, or political committee for 
campaign or officeholder purposes unless: 
(1) the corporation has been legally and continuously engaged in the business of lending 
money for at least one year before the loan is made; and 
(2) the loan is made in the due course of business. 
(b) This section does not apply to a loan to a political committee that supports or opposes 
measures exclusively
Page 123

(You hear that? It's the Mess Machine grumbling and plotting their revenge)

2 comments:

  1. I figured out long ago that you don't bother with the truth but i guess you don't bother with the law, research either you do you?
    "Texas law allows candidates to accept political contributions from individuals, professional corporations (YES THAT WOULD BE A PC SAMMY), and professional associations..."
    John Hannah Jr. Texas Secretary of State.
    Sloppy sloppy sloppy blogging (I cannot bring myself to call it reporting)

    ReplyDelete
  2. You planning on retracting this or getting sued for libel?

    ReplyDelete

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