Statute · California Health and Safety Code
Cal. Health & Safety Code § 80505 — Conditions for Loan Approval
Cal. Health & Safety Code § 80505
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2023-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The department shall not approve a loan pursuant to Article 7 (commencing with Section 80480) if the total debt against the eligible property subject to the release or threatened release of a hazardous material on which the response action will be taken exceeds 80 percent of the estimated value…
Citator
Cal. Health & Safety Code § 80505 — Conditions for Loan Approval is in force in the current edition of the Code, and nothing recorded condemns it.
The department shall not approve a loan pursuant to Article 7 (commencing with Section 80480) if the total debt against the eligible property subject to the release or threatened release of a hazardous material on which the response action will be taken exceeds 80 percent of the estimated value of the property after all necessary response actions are complete.