S-29.01 - Act respecting trust companies and savings companies

Full text
209. (Repealed).
1987, c. 95, s. 209; 2008, c. 7, s. 115.
209. Any part of a loan granted to an individual, including financing by way of leasing, but not including loans secured on immovable property, which exceeds $250,000 or one-tenth of 1% of the assets of the company, whichever is less, shall be limited to the market value of the security at the time of the grant of the loan.
1987, c. 95, s. 209.