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F-1.2 - Act respecting farm financing

Section 52
Disposition versions

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52. Where a borrower declares himself unable to meet his obligations on maturity, the lender may agree with him on new conditions for the repayment of the loan, line of credit or special loan, as the case may be, provided that he obtains prior authorization therefor from the Office and that the period granted does not prolong the term thereof beyond the maximum term applicable to them.
1987, c. 86, s. 52.
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