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C-77 - Act to promote credit to farm producers

Section 15
Disposition versions

Full text
15. No issue, allotment or transfer of shares in an agricultural operations corporation which is a borrower is valid without the authorization of the Bureau.
No change to the contract constituting an agricultural operations partnership which is a borrower is valid without the authorization of the Bureau.
No issue or allotment, transfer or repayment of ordinary shares or common shares, as the case may be, in an agricultural operations cooperative to which a loan is granted is valid without the authorization of the Bureau.
1972, c. 38, s. 12; 1974, c. 33, s. 9; 1975, c. 34, s. 19.
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