§ 6027.7. Defenses to liability
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 35 P.S. Health and SafetyEffective: September 25, 2009
Effective: September 25, 2009
35 P.S. § 6027.7
§ 6027.7. Defenses to liability
A lender, fiduciary or economic development agency can avoid liability under the environmental acts by showing evidence that a release or threatened release of regulated substances for which the lender, fiduciary or economic development agency otherwise is responsible under sections 4, 5 and 61 was caused by any of the following:
(6) If the alleged liability for a lender or economic development agency arises after foreclosure and the lender or economic development agency exercised due care with respect to the lender's or economic development agency's knowledge about the regulated substances and took reasonable precautions based upon such knowledge against foreseeable actions of third parties and the consequences arising therefrom. A lender, fiduciary or economic development agency can avoid liability by proving any other defense which may be available to it under the environmental acts or common law.
Credits
1995, May 19, P.L. 33, No. 3, § 7, effective in 60 days. Amended 2009, July 27, P.L. 100, No. 26, § 2, effective in 60 days [Sept. 25, 2009].
Footnotes
35 P.S. §§ 6027.4, 6027.5, 6027.6.
35 P.S. § 6027.7, PA ST 35 P.S. § 6027.7
Current through 2023 Regular Session Act 1. Some statute sections may be more current, see credits for details.
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