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S-29.02, r. 1 - Regulation under the Trust Companies and Savings Companies Act

Section 5
Disposition versions

Full text
5. A bond or other debt security covered by section 193 of the Act may be issued only for an amount of at least $100,000, and on the condition that redemption may not be sought before a 5-year term unless it is stipulated that the company may at its option repay the creditor before the term.
O.C. 719-88, s. 5.
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