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A-18 - Act to promote farm improvement

Section 14
Disposition versions

Full text
14. No issue, allotment or transfer of shares in an agricultural operations corporation which is a borrower shall be valid without the authorization of the Office du crédit agricole du Québec.
No amendment to the contract constituting an agricultural operations partnership which is a borrower shall be valid without the authorization of the Office.
No issue, allotment, transfer or reimbursement of ordinary shares or common shares, as the case may be, of an agricultural operations cooperative to which a loan is granted is valid without the authorization of the Office.
1969, c. 43, s. 7; 1975, c. 34, s. 19; 1975, c. 35, s. 8; 1977, c. 5, s. 14.
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