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

Section 8
Disposition versions

Full text
8. A hypothecary loan granted to a borrower may, in addition to being secured by a first hypothec on all or part of the farm of such borrower, be secured at the same time by a hypothec on all or part of another farm. In such case, the Office, to determine the maximum amount of the loan, shall take into account the value of all the farms or parts of farms to be hypothecated to secure the said loan.
1978, c. 50, s. 8.
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