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Canada Small Business Financing Regulations (SOR/99-141)

Regulations are current to 2023-10-31 and last amended on 2022-07-04. Previous Versions

 The outstanding amount of the loan becomes due and payable and the borrower is in default as of the day on which the borrower fails to comply with a material condition of the loan agreement.

  • SOR/2014-7, s. 22
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