A-32.1 - Insurers Act

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379. A federation may be constituted if at least nine mutual companies that are authorized insurers undertake to become members of the federation and the sums that the companies must pay into the guarantee fund are available.
The guarantee fund is a distinct autonomous patrimony.
The companies are the federation’s promoters. The constitution of a federation entails the creation of its guarantee fund.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
379. A federation may be constituted if at least nine mutual companies that are authorized insurers undertake to become members of the federation and the sums that the companies must pay into the guarantee fund are available.
The guarantee fund is a distinct autonomous patrimony.
The companies are the federation’s promoters. The constitution of a federation entails the creation of its guarantee fund.
2018, c. 23, s. 32018, c. 23, s. 3.