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A-32 - Act respecting insurance

Section 93.116
Disposition versions

Full text
93.116. The Minister shall, before ordering the Authority to dissolve a mutual insurance association, give the association or its liquidator, as the case may be, notice of the alleged default and of the penalty to which the association is liable and give him or it the opportunity to present written submissions within 30 days of the date of the notice.
If, after examining the submissions, the Minister maintains the notice of default, and the default is not remedied within 30 days after the expiry of the time limit provided in the first paragraph, the Minister shall order the Authority to dissolve the mutual insurance association.
1985, c. 17, s. 6; 2002, c. 45, s. 243; 2004, c. 37, s. 90.
93.116. The Minister shall, before ordering the Agency to dissolve a mutual insurance association, give the association or its liquidator, as the case may be, notice of the alleged default and of the penalty to which the association is liable and give him or it the opportunity to present written submissions within 30 days of the date of the notice.
If, after examining the submissions, the Minister maintains the notice of default, and the default is not remedied within 30 days after the expiry of the time limit provided in the first paragraph, the Minister shall order the Agency to dissolve the mutual insurance association.
1985, c. 17, s. 6; 2002, c. 45, s. 243.
93.116. The Minister shall, before ordering the Inspector General to dissolve a mutual insurance association, give the association or its liquidator, as the case may be, notice of the alleged default and of the penalty to which the association is liable and give him or it the opportunity to present written submissions within thirty days of the date of the notice.
If, after examining the submissions, the Minister maintains the notice of default, and the default is not remedied within thirty days after the expiry of the time limit provided in the first paragraph, the Minister shall order the Inspector General to dissolve the mutual insurance association.
1985, c. 17, s. 6.
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