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M-36 - Act to promote the development of agricultural operations
Section 13
Disposition versions
13. No issue, allotment or transfer of shares of an agricultural operations corporation to which a grant is made under this act shall be valid without the authorization of the Bureau until the last instalment of the grant has been paid.
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 grant is made under this act is valid without the authorization of the Bureau until the last instalment of the grant has been paid.
No amendment to the contract constituting an agricultural operations partnership to which a grant is made under this act shall be valid without the authorization of the Bureau until the last instalment of the grant has been paid.
