A-32.1 - Insurers Act

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432. A federation may, in particular,
(1)  develop policies on the carrying on by member companies of their activities;
(2)  examine the books and accounts of member companies;
(3)  whenever it considers it necessary, require member companies to provide any information and file any document;
(4)  enter into agreements with member companies for the supervision, administration or management of their affairs for a specified period;
(5)  designate the insurers with which member companies may enter into contracts of reinsurance;
(6)  negotiate reinsurance agreements for member companies;
(7)  act as receiver in accordance with Chapter III.1 of Title I of the Act respecting the regulation of the financial sector (chapter E-6.1); and
(8)  act as the liquidator or sequestrator of a member company.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
432. A federation may, in particular,
(1)  develop policies on the carrying on by member companies of their activities;
(2)  examine the books and accounts of member companies;
(3)  whenever it considers it necessary, require member companies to provide any information and file any document;
(4)  enter into agreements with member companies for the supervision, administration or management of their affairs for a specified period;
(5)  designate the insurers with which member companies may enter into contracts of reinsurance;
(6)  negotiate reinsurance agreements for member companies;
(7)  act as receiver in accordance with Chapter III.1 of Title I of the Act respecting the regulation of the financial sector (chapter E-6.1); and
(8)  act as the liquidator or sequestrator of a member company.
2018, c. 23, s. 32018, c. 23, s. 3.