TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MEMBER LOAN [1 record]

Record 1 2014-05-15

English

Subject field(s)
  • Law of Contracts (common law)
  • Laws and Legal Documents
  • Finance
CONT

"Member loan'' means a loan required by the cooperative from its members as a condition of membership or to continue membership in the cooperative, and, for the purpose of Parts 8, 16, 17 and 19 and subsection 163(2), a member loan is deemed to be a member share issued at par value.

French

Domaine(s)
  • Droit des contrats (common law)
  • Lois et documents juridiques
  • Finances
OBS

«prêt de membre» : Prêt que la coopérative demande à ses membres comme condition de leur adhésion ou du renouvellement de celle-ci. Pour l'application des parties 8, 16, 17 et 19 et du paragraphe 163(2), le prêt de membre est assimilé à une part de membre émise à sa valeur nominale.

Spanish

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