A-32.1 - Insurers Act

Full text
453. The Minister may, if the Minister considers it advisable, order the Authority to dissolve a federation that has not remedied one of the following failures within the specified time limit:
(1)  the organization meeting is not held within the time limit specified in its application for constitution;
(2)  fewer than nine mutual companies are members of the federation; or
(3)  an annual meeting has not been held for two consecutive years.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
453. The Minister may, if the Minister considers it advisable, order the Authority to dissolve a federation that has not remedied one of the following failures within the specified time limit:
(1)  the organization meeting is not held within the time limit specified in its application for constitution;
(2)  fewer than nine mutual companies are members of the federation; or
(3)  an annual meeting has not been held for two consecutive years.
2018, c. 23, s. 32018, c. 23, s. 3.