Statute · California Health and Safety Code
Cal. Health & Safety Code § 51680 — Loan Loss Guarantee Program
Cal. Health & Safety Code § 51680
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 1993-07-15
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The agency may administer a loan loss guarantee program in order to induce private lenders to make construction loans for seismic rehabilitation improvements which are designed to increase seismic structural safety in accordance with a plan developed by a civil engineer, structural engineer, or…
Citator
Cal. Health & Safety Code § 51680 — Loan Loss Guarantee Program is in force in the current edition of the Code, and nothing recorded condemns it.
The agency may administer a loan loss guarantee program in order to induce private lenders to make construction loans for seismic rehabilitation improvements which are designed to increase seismic structural safety in accordance with a plan developed by a civil engineer, structural engineer, or an architect for a property which has been identified by a local jurisdiction as being potentially hazardous, as defined in Chapter 12.2 (commencing with Section 8875) of Division 1 of Title 2 of the Government Code, or as being hazardous in the event of an earthquake, as defined in Article 4 (commencing with Section 19160) of Chapter 2 of Part 3 of Division 13.