Dominica Agricultural Industrial and Development Bank (Securities) Regulations (S.R.O. No. 51 of 1993).
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LEX-FAOC086928
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These Regulations specify securities required for the granting of a loan by the Dominica Agricultural Industrial and Development Bank. For long-term loans a mortgage or charge on the land of the borrower is always required, whereas additional security such as a mortgage or charge on other property may be deemed necessary. For short-term financing a lien on the crop may be required.
Implements: Dominica Agricultural Industrial and Development Bank Act (Cap. 74:03). (1992)
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