Co-operative Associations Loans and Loans Guarantee Act (C.C.S.M. c. C220).

Subject

Agricultural & rural development

Keyword

Cooperative/producer organization Financial agricultural measures Credit

Geographical area

Americas, North America

Entry into force notes

The present Act enters into force on 1 February 1988.

Abstract

The prresent Act establishes that the Board known as the Co-operative Loans and Loans Guarantee Board is hereby continued. Section 5 establishes that where a co-operative association borrows money for a period not exceeding 10 years and the Association, by such evidence as the Board may require, proves to the satisfaction of the Board that the money is required to assist the Association in carrying out its aims and objects and for productive purposes, the Board may guarantee the repayment of the

Full text

English/French

Website

www.gov.mb.ca

References - Legislation

Implements

Cooperatives Act (C.C.S.M. c. C223).

Legislation | Canada | 1998 (2017)

Keyword: Agricultural development, Cooperative/producer organization, Basic legislation, Registration, Credit, Business/industry/corporations, Governance, Certification, Offences/penalties, Inspection, Legal proceedings/administrative proceedings

Source: FAO, FAOLEX