A-32.1 - Insurers Act

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327. Only a mutual company may amalgamate with another mutual company.
Despite section 281 of the Business Corporations Act (chapter S-31.1), the short-form amalgamation of mutual companies is not allowed.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
327. Only a mutual company may amalgamate with another mutual company.
Despite section 281 of the Business Corporations Act (chapter S-31.1), the short-form amalgamation of mutual companies is not allowed.
2018, c. 23, s. 32018, c. 23, s. 3.