loan company definition
loan company means a company defined as such in the regulations for the purpose of this Act;
loan company means a company which is a member of the Canada Deposit Insurance Corporation, or other deposit insurance plan approved by the Commission for the purpose of this definition, and
loan company means any company which is a financial institution carrying on as its principal business the providing of finance whether by making loans or advances or otherwise for any activity other than its own but does not include an Asset Finance Company.
More Definitions of loan company
loan company means a loan institution or corporation that accepts deposits within the meaning of the Canada Deposit Insurance Corporation Act R.S.C. 1985, Chap. C-3, but does not include a bank, a trust company, a credit union incorporated under the Credit Unions Act R.S.P.E.I. 1988, Cap. C-29, or a federation incorporated under that Act;