Added by Stats. 2004, Ch. 705, Sec. 2. Effective January 1, 2005.
The definitions set forth in this section govern the interpretation of this article.
who establishes all of the following by a preponderance of the evidence:
(A) All releases of the hazardous materials at issue at the site occurred before the person acquired the site, except as described in subparagraph (B).
(B) All of the conditions of Section 25395.80 to qualify as a bona fide purchaser have been met.
(C) The person is not potentially liable, or affiliated with any other person who is potentially liable, for the release or threatened release at the site through any of the following circumstances:
(ii) Any contractual, corporate, or financial relationship, unless the contractual, corporate, or financial relationship is
created by the instrument by which title or possession to the site is conveyed or financed or a contract for the sale of goods or services.
(iii) The result of a reorganization of a business entity that was potentially liable for the release or threatened release of hazardous materials at the site.