California Statutes
§ 80375. — 80375. (Added by Stats. 2022, Ch. 257, Sec. 2.)
California § 80375.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 45.DIVISION 45. HAZARDOUS SUBSTANCE RESPONSE
Part 2.PART 2. HAZARDOUS SUBSTANCE ACCOUNT
Ch. 10.CHAPTER 10. Cleanup Loans and Environmental Assistance to Neighborhoods
Art. 4.ARTICLE 4. Loans Generally
This text of California § 80375. (80375. (Added by Stats. 2022, Ch. 257, Sec. 2.)) 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 § 80375. (2026).
Text
The rate of interest to be applied to loans made pursuant to this chapter shall be the same rate earned on investments in the Surplus Money Investment Fund during the loan repayment period. If a loan recipient defaults on a loan, the rate of interest to be applied to the loan shall be 10 percent from the date of default, or whatever greater rate is reflected in the agreement entered into pursuant to subdivision (a) of Section 80520.
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Legislative History
Added by Stats. 2022, Ch. 257, Sec. 2. (AB 2293) Effective January 1, 2023. Operative January 1, 2024, pursuant to Sec. 4 of Stats. 2022, Ch. 257.
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Bluebook (online)
California § 80375., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/80375..