Prepare an
Asset Enhancement Loan Program Contract with this ready-made template.
- The contract is between a lender and an investment corporation, under which the lender loans funds to the corporation, to be used for the purchase of US Treasury Bill(s).
- The treasury bills will be held in trust by a holding company, with interest being paid to the investment corporation.
- Following the last interest payment on the loan, the principal amount of the loan will be paid in full.
- This document is intended for use by Canadian residents as part of an international foundation structure pursuant to the requirements of the Income Tax Act (Canada) and ITA Regulations.
The
Canada Asset Enhancement Loan Program Contract template is available as a downloadable and fully editable Microsoft Word template.
