ARTICLE 8. Conditions for Loan Approval [80500. - 80505.]

Cal. Health and Safety Code - HSC 8.
in effect

Cal. Health and Safety Code - HSC § 80500. Section 80500.

The department may approve all, or part of, a loan request pursuant to Article 7 (commencing with Section 80480), except the maximum amount of a loan approved pursuant to Article 7 (commencing with Section 80480) shall not exceed two million five hundred thousand dollars ($2,500,000).

Cal. Health and Safety Code - HSC § 80505. Section 80505.

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.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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