Acts and Regulations

C-28.3 - Cost of Credit Disclosure and Payday Loans Act

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Statement of purpose for entering into credit agreement or lease
2A person may rely on a statement made by an individual in a credit agreement, lease or other document regarding the purpose for which the individual has entered into or is to enter into a credit agreement or lease if
(a) the statement is signed by the individual, and
(b) the person believes in good faith that the statement is true.
Statement of purpose for entering into credit agreement or lease
2A person may rely on a statement made by an individual in a credit agreement, lease or other document regarding the purpose for which the individual has entered into or is to enter into a credit agreement or lease if
(a) the statement is signed by the individual, and
(b) the person believes in good faith that the statement is true.