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Canada Grain Act

Version of section 112 from 2004-12-15 to 2024-04-01:

Marginal note:Restriction on creation of charge, interest or right

 Despite anything in the Bank Act, no charge on or interest or right in grain referred to in an elevator receipt that affects the interest or right of the holder of the receipt may be created by the holder, or by the operator of a licensed elevator who issued the receipt, other than by the endorsement or delivery of the receipt to the person in whose favour the charge, interest or right is created.

  • R.S., 1985, c. G-10, s. 112
  • 2004, c. 25, s. 110

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