2007 California Government Code Part 10.2. Loans For Replacement, Removal, Or Upgrading Of Underground Storage Tanks

CA Codes (gov:15710)

15710.  (a) Upon the effective date of the repeal of Chapter 8.5
(commencing with Section 15399.10), all money remaining in the
Petroleum Underground Storage Tank Financing Account and all
subsequent loan repayments shall revert to the General Fund.
   (b) The inoperation and repeal of Chapter 8.5 (commencing with
Section 15399.10) shall not terminate the following obligations or
authorities necessary to administer the obligations until all of the
following obligations are satisfied:
   (1) The payment of claims filed prior to the date that Chapter 8.5
(commencing with Section 15399.10) becomes inoperative, against the
Underground Storage Tank Cleanup Fund pursuant to Chapter 6.75
(commencing with Section 25299.10) of Division 20 of the Health and
Safety Code, until the money in the fund is exhausted.  Upon
exhaustion of the Underground Storage Tank Cleanup Fund, any
remaining claims shall be invalid.
   (2) The repayment of loans, outstanding as of the date that
Chapter 8.5 (commencing with Section 15399.10) becomes inoperative,
due and payable to the State Water Resources Control Board under the
terms of that former chapter.
   (3) The resolution of any cost recovery action filed prior to the
date that Chapter 8.5 (commencing with Section 15399.10) becomes
inoperative, pursuant to Chapter 6.75 (commencing with Section
25299.10) of Division 20 of the Health and Safety Code.