California § 80540 - A loan approved pursuant to Article 7 (commencing with Section 80480) shall be se
Full text of California Public Contract Code - PCC § 80540 — A loan approved pursuant to Article 7 (commencing with Section 80480) shall be se, with citation guidance and answers to common questions.
§ 80540. A loan approved pursuant to Article 7 (commencing with Section 80480) shall be se
(a) A loan approved pursuant to Article 7 (commencing with Section 80480) shall be secured by the property subject to the release or threatened release of the hazardous material on which the response action will be taken or by another form of security that the department determines will adequately protect the stateâs interest. (b) The department shall obtain an appropriate security interest in the property or other alternative form of security approved by the department. (c) (1) The department may foreclose on property, or the alternative form of security approved by the department, that is subject to a security interest pursuant to this article. (2) Any funds received through a foreclosure or through the enforcement of any other security interest pursuant to this chapter shall be deposited in the account.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 80540
What does Public Contract Code - PCC § 80540 cover?
Section 80540 ("A loan approved pursuant to Article 7 (commencing with Section 80480) shall be se") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 80540?
A common citation format is "Public Contract Code - PCC § 80540" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 80540 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.