§ 80590 Loan Application Notice Requirements

• •If someone applies for a loan for a property, the government must send a notice about it.
• •The notice includes the name and address of the person applying and where the property is.
• •The notice goes to two places: a local board if the property is in their area, and a state board if the property has a leaking fuel tank underground.

A person wants to buy a gas station and applies for a loan to do so.

The government must send a notice about this loan application to the local board because the gas station is in their area. They also send it to the state board because the gas station has a leaking underground fuel tank.