Health and Safety Code 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: Section 80505, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=80505. (updated Jan. 1, 2023; accessed Nov. 3, 2025).

80500
80505

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Nov. 3, 2025

§ 80505's source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_80505

Original Source: Section 80505, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=80505. (last accessed May 12, 2025).