CHAPTER 6.96. Hazardous Materials Liability of Lenders and Fiduciaries [25548. - 25548.7.]

Chapter 6.96 added by Stats. 1996, Ch. 612, Sec. 1.

§§ 25548–25548.7 · 8 sections

• § 25548 (a) The Legislature hereby finds and declares all of the following: (1) There is uncertainty in the law of this state with regard to the liability of lenders…
• § 25548.1 As used in this chapter, the following terms have the following meaning: (a) “Actual benefit” means the amount, if any, realized by the lender upon the…
• § 25548.2 (a) (1) Except as provided in Sections 25548.4 and 25548.5, a person, by reason of acting in the capacity of a lender, shall not be liable under any state or…
• § 25548.3 (a) Except as provided in Sections 25548.4 and 25548.5 of this code, and in Sections 18001 and 18002 of the Probate Code, the liability of a fiduciary to any…
• § 25548.4 This chapter does not do any of the following: (a) Affect any rights, defenses, or immunities that are available to any lender or fiduciary under any…
• § 25548.5 The exemptions set forth in Sections 25548.2 and 25548.3 shall not apply: (a) If, after foreclosure or its equivalent is conducted, the lender does not…
• § 25548.6 A lender’s compliance with the requirements of this chapter with regard to property that has been acquired by the lender through foreclosure or its equivalent…
• § 25548.7 (a) If a provision of this chapter would result in any of the actions specified in subdivision (b), the provision shall be deemed inoperative. However, the…