§ 80505
59 words·~1 min read·
/ca/health-and-safety-code/80505A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.