ARTICLE 1. Definitions

Article 1 added by Stats. 2022, Ch. 257, Sec. 2.

§§ 80680–80735 · 12 sections

• § 80680 For purposes of this chapter, the definitions contained in this article shall apply.
• § 80685 “CLEAN Program” means the Cleanup Loans and Environmental Assistance to Neighborhoods Program established pursuant to Section 80450.
• § 80690 (a) “Cost overrun insurance” means insurance that covers some, or all, of the response costs caused by a known pollution condition at a site, that exceed the…
• § 80695 “Eligible property” has the same meaning as defined in subdivision (a) of Section 80230.
• § 80700 “Environmental insurance” means insurance intended to limit the liability associated with the discovery and cleanup of a hazardous material release, including…
• § 80705 “Estimated response action costs” means the projected costs of taking a response action in implementing an approved removal action work plan or remedial action…
• § 80710 “Hazardous material” means a substance or waste that, because of its physical, chemical, or other characteristics, may pose a risk of endangering human health…
• § 80715 “Insurance company” means an insurance company authorized in California to offer environmental insurance and that has an A.M. Best Financial Strength Rating of…
• § 80720 “Pollution condition” means a release or threatened release of a hazardous material and any resulting impact upon the environment.
• § 80725 (a) “Pollution liability insurance” means insurance that covers damages caused by a pollution condition from, or at, a site that is preexisting and unknown, or…
• § 80730 “Secured creditor insurance” means insurance made available to an insured that covers all of the following: (a) Response costs at a site incurred by the lender…
• § 80735 “Self-insured retention amount” means response action costs in excess of the estimated response action costs that have been accepted and approved by the…