§ 5282. Application Content.
10 CA ADC § 5282Barclays Official California Code of Regulations
10 CCR § 5282
§ 5282. Application Content.
A Metal Plating Loan Guarantee application shall contain all of the following:
existing treatment, storage, and disposal areas; and sites of future treatment, storage, and disposal areas.
(h) Information demonstrating that the applicant is able to provide adequate security, and repay the loan. “Security,” as used herein, means a first lien on any equipment purchased with loan proceeds, first beneficiary interest in the life insurance policies of key applicant personnel, or other interests in real or personal property. As used herein, “key applicant personnel” means a person(s) without whom, in the judgment of the lender, the business would fail.
Credits
Note: Authority cited: Section 42106, Public Resources Code. Reference: Sections 42101, 42101.1, 42101.3 and 42103, Public Resources Code.
History
1. New section filed 7-26-2006 as an emergency; operative 7-26-2006 (Register 2006, No. 30). This regulatory action is deemed an emergency, was filed directly with the Secretary of State, and shall remain in effect until revised or repealed by the Business, Transportation and Housing Agency pursuant to Public Resources Code section 42106.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 5282, 10 CA ADC § 5282
End of Document |