Canadian Agricultural Loans Regulations
Version of section 15 from 2006-03-22 to 2014-02-27:
15 A lender shall take security for the repayment of a loan in one or more of the following forms, as appropriate:
(a) under section 427 of the Bank Act;
(b) by way of registering security in accordance with the applicable personal or movable property legislation in the province;
(c) by commercial pledge;
(d) by way of mortgage or hypothec on real or immovable property; or
(e) by way of an assignment of any rights or interest of the borrower under an agreement for sale.
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