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A-32.1 - Insurers Act

Section 139
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139. An authorized insurer must notify the Authority of the name and address of whoever has become or intends to become the holder of its control within 10 days from the time it becomes aware of either situation.
If the authorized insurer is a business corporation, it must also, within the same time, send such a notice to the Authority regarding whoever has become or intends to become the holder of a significant interest in its decisions.
The insurer must, within the same time, notify the Authority whenever the holder of control or of a significant interest ceases to be so.
2018, c. 23, s. 3.
In force: 2019-06-13
139. An authorized insurer must notify the Authority of the name and address of whoever has become or intends to become the holder of its control within 10 days from the time it becomes aware of either situation.
If the authorized insurer is a business corporation, it must also, within the same time, send such a notice to the Authority regarding whoever has become or intends to become the holder of a significant interest in its decisions.
The insurer must, within the same time, notify the Authority whenever the holder of control or of a significant interest ceases to be so.
2018, c. 23, s. 3.
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