What is the difference between a loan and a loan under the previous Limitation Act?

British Columbia, Canada


The following excerpt is from Gavriel v Gavriel, 2017 BCSC 1653 (CanLII):

In the recent case of Kong v. Sanders, 2014 BCCA 508, our Court of Appeal explained the distinction between the two types of loans under the previous Limitation Act, at paras 18-20, as follows:

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