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A-18.1, r. 9 - Regulation respecting the Forest Management Funding Program

Section 9
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9. The maximum amount of loans granted to a forest producer under the Program is $750,000.
The balance on the loans granted to the borrower under the Program, the Forest Management Funding Program (O.C. 384-97, 97-03-26), the Act to promote forest credit by private institutions (chapter C-78.1) and the Forestry Credit Act (chapter C-78) is taken into account in the calculation of that amount. Despite the foregoing, debts that have devolved on the borrower by succession after the last loan was granted are not taken into account in the calculation.
O.C. 257-2006, s. 9.
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