The Farm Land Security Board is a Board of five members
appointed by Order-in-Council to oversee the Farm
Foreclosure process, Home Quarter Protection
mechanisms and Farm Ownership regulations that are
part of The
Saskatchewan Farm Security Act.
The Board is a quasi-judicial tribunal. It is funded and
managed as part of Ministry of Agriculture but does not take direction in its decision-making
from the government.
The current Board membership is:
The acting General Manager is
Butch Stokes.
The
Saskatchewan Farm Security Act of 1988 consolidated a number of pieces of
legislation affecting farmers into one statute. The Farm Land Security Board is
responsible for administering:
- Part II, which regulates the processes by which lenders move
towards foreclosure of farm land through mortgages or writs of execution,
- Part III, which provides protection for Home Quarters from
repossession by lenders in satisfaction of mortgage debt, and
- Part VI, which regulates the
ownership and operation of Saskatchewan farm land by non-residents
and Non-Canadian entities.
