Financial Administration Act

Version of section 100 from 2003-01-01 to 2013-12-11:

Marginal note:Security interests

 No agent corporation, for the purposes of securing payment of a debt or performance of an obligation, shall charge, mortgage, hypothecate, cede and transfer, pledge or otherwise create an interest in or charge on any real or personal property held by the corporation.

  • 1984, c. 31, s. 11.
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