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C-77.1 - Aquaculture Credit Act
Section 14
Disposition versions
14. To secure the repayment of a loan, the borrower shall furnish to the lender the securities determined by regulation which may be real or movable or in the form of a security deposit or in any other form, according to the maximum term of repayment of the loan, its maximum allowable amount and the purposes for which it is granted.
The regulations may also fix the amount of any part of one or several loans beyond which the securities contemplated in the first paragraph must be furnished.
