Acts and Regulations

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

Section 37.32
Disposition versions

Full text
No security to be taken
2008, c.3, s.1
37.32No payday lender shall, as security for the payment of a payday loan or the performance of an obligation under a payday loan agreement, require, take or accept, directly or indirectly,
(a) real or personal property,
(b) an interest in real or personal property, or
(c) a guarantee.
2008, c.3, s.1