F-1.2 - Act respecting farm financing

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143. The Office may cancel a certificate or a loan not requiring the prior issue of a certificate where the applicant made a false declaration to obtain it. The applicant shall in such a case repay to the Office or to the lender the expenses incurred in consequence of the issue of the certificate or the granting of the loan.
The cancellation of the certificate by the Office has effect in respect of the lender only if the lender is notified in writing before the execution of the deed of loan or deed of sale.
If the applicant contracts the loan, he shall moreover lose the benefit of the term.
1987, c. 86, s. 143.