A-12.1 - Act respecting assistance for the development of cooperatives and non-profit legal persons

Section 4 Disposition versions

2001-12-20

4. Financial assistance may be in any of the following forms:

(1)  a guarantee of repayment of all or a part of a financial commitment;

(2)  a guarantee of total or partial redemption of preferred shares;

(3)  an assumption of liability for part or the whole of the interest on loans or on preferred shares;

(4)  a loan, with or without interest;

(5)  a partial exemption from repayment of a loan;

(6)  an acquisition of preferred shares;

(7)  any other form of assistance determined by the Government.

1991, c. 1, s. 4; 1997, c. 18, s. 5; 2001, c. 69, s. 19.

1999-04-01

4. Financial assistance may be in any of the following forms:

(1)  a guarantee of repayment of all or a part of a financial commitment;

(2)  a guarantee of total or partial redemption of preferred shares;

(3)  an assumption of liability for part or the whole of the interest on loans or on preferred shares;

(4)  a loan, with or without interest;

(5)  a partial exemption from repayment of a loan;

(6)  an acquisition of preferred shares;

(7)  any other form of assistance determined by regulation by the Government.

1991, c. 1, s. 4; 1997, c. 18, s. 5.

1991-04-01

4. Financial assistance may be in any of the following forms:

(1)  a guarantee of repayment of all or a part of a financial commitment;

(2)  a guarantee of redemption of all or some of the preferred shares of a cooperative undertaking;

(3)  an assumption of liability for part or the whole of the interest on the loans or on the preferred shares of a cooperative undertaking;

(4)  a loan, with or without interest;

(5)  a partial exemption from repayment of a loan;

(6)  an acquisition of preferred shares of a cooperative undertaking;

(7)  any other form of assistance determined by the Government.

1991, c. 1, s. 4.