{"code":"HSC","codeName":"Health and Safety Code","section":"51680","citation":"Health & Saf. Code, § 51680","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","url":"https://blackletter.si/health-and-safety-code/division-31"},{"name":"PART 4. BOND AND LOAN INSURANCE [51600. - 51687.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-4"},{"name":"CHAPTER 6. Loan Loss Guarantee Program [51680. - 51687.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-4/chapter-6"}],"history":"Added by Stats. 1993, Ch. 115, Sec. 4.   Effective July 15, 1993.   Conditionally inoperative as provided in Section 51687.","effective":"1993-07-15","html":"<p>The agency may administer a loan loss guarantee program in order to induce private lenders to make construction loans for seismic rehabilitation improvements which are designed to increase seismic structural safety in accordance with a plan developed by a civil engineer, structural engineer, or an architect for a property which has been identified by a local jurisdiction as being potentially hazardous, as defined in Chapter 12.2 (commencing with Section 8875) of Division 1 of Title 2 of the Government Code, or as being hazardous in the event of an earthquake, as defined in Article 4 (commencing with Section <a href=\"/hsc/19160\">19160</a>) of Chapter 2 of Part 3 of Division 13.</p>","text":"The agency may administer a loan loss guarantee program in order to induce private lenders to make construction loans for seismic rehabilitation improvements which are designed to increase seismic structural safety in accordance with a plan developed by a civil engineer, structural engineer, or an architect for a property which has been identified by a local jurisdiction as being potentially hazardous, as defined in Chapter 12.2 (commencing with Section 8875) of Division 1 of Title 2 of the Government Code, or as being hazardous in the event of an earthquake, as defined in Article 4 (commencing with Section 19160) of Chapter 2 of Part 3 of Division 13.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/loan-loss-guarantee-program-51680","source":"California Legislative Information bulk export (pubinfo)"}