Cal. Health & Saf. Code § 80505
Current through the 2023 Legislative Session.
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.
Ca. Health and Saf. Code § 80505