{"data":{"id":"us-ca/fac-55405","jurisdiction":"us-ca","citation":"FAC § 55405","heading":"","body":"“New value” includes any new advance or loan, whether in money or other property, which is made by a lender to a processor. It does not, however, include any extension or renewal of any existing obligation of the processor, nor any obligation which is substituted for such existing obligation.","path":["Food and Agricultural Code - FAC","DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS [54001. - 57700.]","CHAPTER 6. Processors of Farm Products [55401. - 55922.]","ARTICLE 1. Definitions [55401. - 55409.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"479afb6d57590f03136eccd5171bb3ca2906289e0c6f849ba5d0a4fc141b31cc","source_id":"us-ca","stale":false,"prev":"us-ca/fac-55404.5","next":"us-ca/fac-55406"},"notice":"GroundRules: Original legal text. Not legal advice."}