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C-75.1 - Act to promote long term farm credit by private institutions

Section 5
Disposition versions

Full text
5. The total amount of a loan, including the amount of a loan secured by pledge of agricultural property and the amount of an additional loan shall in no case exceed
(a)  $250 000 in the case of a farmer or an aspiring farmer;
(b)  $450 000 in the case of an agricultural operations corporation, an agricultural operations cooperative, an agricultural operations partnership or joint borrowers.
1978, c. 50, s. 5.
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