California Statutes
§ 55002.5. — 55002.5. (Added by Stats. 1990, Ch. 378, Sec. 1.)
California § 55002.5.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 32.DIVISION 32. SEISMIC SAFETY BUILDING REHABILITATION LOANS
Part 1.PART 1. GENERAL PROVISIONS
This text of California § 55002.5. (55002.5. (Added by Stats. 1990, Ch. 378, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Health and Safety Code - HSC Code § 55002.5. (2026).
Text
Pursuant to this division, the local agency may provide financing to pay for or buy out any existing note or deed of trust which may be a lien against the real property on which an eligible building is situated, not to exceed an 80 percent loan to appraised value ratio. The local agency shall establish rules and regulations to ensure the repayment of the funds being borrowed and shall establish a minimum equity requirement that the owner of the eligible building must have in the property.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Stats. 1990, Ch. 378, Sec. 1.
Nearby Sections
2
Cite This Page — Counsel Stack
Bluebook (online)
California § 55002.5., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/55002.5..