Government of Canada / Gouvernement du Canada
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Bank Act

Version of section 452.1 from 2003-01-01 to 2012-05-23:

Marginal note:Renewal statement

 Where a bank makes a loan in respect of which the disclosure requirements of section 450 apply and the loan is secured by a mortgage on real property, the bank shall disclose to the borrower, at such time and in such manner as may be prescribed, such information as may be prescribed respecting the renewal of the loan.

  • 1997, c. 15, s. 51
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