Acts and Regulations

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

Section 37.43
Disposition versions

Full text
Joint liability
2008, c.3, s.1
37.43If a payday loan is arranged by one payday lender and provided by another payday lender, both payday lenders are jointly and severally liable
(a) to the borrower for any amount to be refunded or reimbursed to the borrower under this Part or the regulations relating to this Part, and
(b) to comply with any other requirements set out in this Part or the regulations relating to this Part.
2008, c.3, s.1; 2014, c.31, s.1