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

Section 6
Disposition versions

Full text
6. Subject to section 5, the total amount of a loan secured by pledge of agricultural property, including the amount of an additional loan secured by pledge of agricultural property, must in no case exceed
(a)  $100 000, in the case of a farmer or an aspiring farmer;
(b)  $200 000, in the case of an agricultural operations corporation, an agricultural operations cooperative, an agricultural operations partnership or joint borrowers.
1978, c. 50, s. 6.
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