Canadian Agricultural Loans Regulations
Version of section 15 from 2014-02-28 to 2024-08-18:
15 A lender shall take security for the repayment of a loan in one or more of the following forms, as appropriate:
(a) security under section 427 of the Bank Act;
(b) security registered in accordance with the applicable personal or movable property legislation in the province;
(c) a pledge, hypothecation or movable hypothec;
(d) a mortgage or hypothec on real or immovable property; or
(e) an assignment of any rights or interest of the borrower under an agreement for sale.
- SOR/2014-39, s. 10
- Date modified: