Livestock Loan Guarantee Program (Bison) Forms

The Custom Feeding Receipt and Waiver Form must be filled out and signed on a monthly basis if any member of an association has their animals in a custom feedlot or custom pasture unless a Long Term Custom Feed Agreement Form is completed (see form BF2.1).

The Extension Application (Feeder Option) is a request by the member who wishes to have an extension for advance taken on his behalf. This application is made to the Board of Directors of the association and is limited to a maximum of three months beyond the due date. Extensions will not be granted because more time is needed for markets to improve. New purchases cannot be made on behalf of a member when an advance is overdue or when an extension to the due date of an existing advance has been provided.

The Guarantee Application is an application made by an association to the Government of Saskatchewan requesting a guarantee be provided to their lender on loans taken out for the purpose of purchasing feeder animals.

The local supervisor's monthly report is a report to the provincial supervisor with a copy to the lender. This report is a monthly inventory showing the number of animals at the beginning of the month; number purchased, sold, died and released; the end of month inventory along with an estimated market value; and, the assurance deposit for every member.

The Long Term Custom Feeding Agreement Form must be completed in advance of custom feeding. This provision is an option to paying custom feeding charges on a monthly basis. If custom feeding charges are to be paid monthly please use Form BF2.

The Membership/Loan Increase Application Form is to be used when: 1. An existing member wishes to increase the loan limit on their behalf; 2.An existing member under one option wishes to become a member under the other option; or, 3.A new member is added.

This form is required when a member of an association is assigning Power of Attorney to someone for the purchasing of livestock within an association.

The Transfer of Ownership Form is used when the ownership of bison is to be transferred from the association to the individual upon repayment of the loan taken out on behalf of the member. This is usually done when the producer wants to retain ownership.

Members of the bison association will provide a copy of this form to all potential purchasers to advise the purchaser that the sale proceeds must be redirected to the appropriate bison association.