F-1.2 - Act respecting farm financing

Section 58 Disposition versions

1988-08-11

58. The authorization of the Office must also be obtained in order to validate

(1)  the lease of property securing a loan, line of credit or special loan;

(2)  any issue, allotment, transfer or redemption or repayment of shares of an agricultural operations corporation that is a borrower;

(3)  any amendment to the contract constituting an agricultural operations partnership that is a borrower;

(4)  any issue, allotment, transfer or repayment of common shares of an agricultural operations cooperative that is a borrower;

(5)  in the case of joint operators that are borrowers, any change in their interests in their farming business or any change in their joint operation agreement.

1987, c. 86, s. 58.