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Rules of co-operative societies.
[1929, s. 29.]
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60.—The rules of a co-operative society may provide for all or any one or more of the following—
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(a) advances of money by the society to its members on security other than the security of real or personal property, where such advances are made out of money advanced to the society by the Corporation;
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(b) guarantees by the society of the repayment of advances and the payment of interest on advances made by the Corporation to members of the society;
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(c) the society acting as agent for the Corporation in the making of advances by the Corporation to members of the society.
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