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Bank Act

Version of section 452.1 from 2012-05-24 to 2022-06-29:

Marginal note:Renewal statement

 If 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 the prescribed time and place and in the prescribed form and manner, any information that is prescribed respecting the renewal of the loan.

  • 1997, c. 15, s. 51
  • 2012, c. 5, s. 43

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