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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - California Code, Health and Safety Code - HSC § 80505 - last updated January 01, 2025 | https://codes.findlaw.com/ca/health-and-safety-code/hsc-sect-80505/
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