A-32 - Act respecting insurance

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35. In the absence of corresponding provisions in the special Act governing an insurance company, section 88, paragraph 3 of section 89 and sections 89.1 to 89.4 of Part I and the provisions of Part II of the Companies Act (chapter C‐38), except section 181 and paragraph 3 of section 182, apply, with the necessary modifications, to that company, subject to the contrary provisions of this Act.
1974, c. 70, s. 35; 1984, c. 22, s. 11; 1985, c. 17, s. 3; 1999, c. 40, s. 33; 2002, c. 70, s. 16; 2009, c. 52, s. 502.
35. Part I of the Companies Act (chapter C‐38) remains applicable, with the necessary modifications, to any insurance company to which this Part applied before 12 February 2003, subject to the contrary provisions of this Act.
In the absence of corresponding provisions in the special Act governing an insurance company, section 88, paragraph 3 of section 89 and sections 89.1 to 89.4 of Part I and the provisions of Part II of the Companies Act, except section 181 and paragraph 3 of section 182, apply, with the necessary modifications, to that company, subject to the contrary provisions of this Act.
1974, c. 70, s. 35; 1984, c. 22, s. 11; 1985, c. 17, s. 3; 1999, c. 40, s. 33; 2002, c. 70, s. 16.
35. In the absence of a special provision in this act, Part I of the Companies Act (chapter C‐38) applies with the necessary modifications to any company constituted under chapter I of this title or under Division I of the Insurance Act (Revised Statutes, 1964, chapter 295) replaced by chapter 70 of the statutes of 1974, subject to the contrary provisions of this act.
In the absence of corresponding provisions in the special Act governing an insurance company, section 88, paragraph 3 of section 89 and sections 89.1 to 89.4 of Part I and the provisions of Part II of the Companies Act, except section 181 and paragraph 3 of section 182, apply, with the necessary modifications, to that company, subject to the contrary provisions of this Act.
For the application of the Act respecting insurance or Part I or II of the Companies Act and in respect of a mutual insurance company, the word shareholder means a member of a mutual insurance company. In addition, where a provision of one of those Acts requires the vote of shareholders representing a fixed proportion of the capital stock of a company, the provision is considered to require the vote of a number of members equal to the proportion determined in value.
1974, c. 70, s. 35; 1984, c. 22, s. 11; 1985, c. 17, s. 3; 1999, c. 40, s. 33.
35. In the absence of a special provision in this act, Part I of the Companies Act (chapter C-38) applies mutatis mutandis to any company incorporated under chapter I of this title or under Division I of the Insurance Act (Revised Statutes, 1964, chapter 295) replaced by chapter 70 of the statutes of 1974, subject to the contrary provisions of this act.
In the absence of corresponding provisions in the special Act governing an insurance company, section 88, paragraph 3 of section 89 and sections 89.1 to 89.4 of Part I and the provisions of Part II of the Companies Act, except section 181 and paragraph 3 of section 182, apply, mutatis mutandis, to that company, subject to the contrary provisions of this Act.
For the application of the Act respecting insurance or Part I or II of the Companies Act and in respect of a mutual insurance company, the word shareholder means a member of a mutual insurance company. In addition, where a provision of one of those Acts requires the vote of shareholders representing a fixed proportion of the capital stock of a company, the provision is considered to require the vote of a number of members equal to the proportion determined in value.
1974, c. 70, s. 35; 1984, c. 22, s. 11; 1985, c. 17, s. 3.
35. In the absence of a special provision in this act, Part I of the Companies Act (chapter C-38) applies mutatis mutandis to any company incorporated under chapter I of this title or under Division I of the Insurance Act (Revised Statutes, 1964, chapter 295) replaced by chapter 70 of the statutes of 1974, subject to the contrary provisions of this act.
In the absence of corresponding provisions in the special Act governing an insurance company, section 88, paragraph 3 of section 89 and sections 89.1 to 89.4 of Part I and the provisions of Part II of the Companies Act, except section 181 and paragraph 3 of section 182, apply, mutatis mutandis, to that company, subject to the contrary provisions of this Act.
For the application of the Act respecting insurance or Part I or II of the Companies Act and in respect of a mutual life-insurance company, the word shareholder means a member of a mutual life-insurance company. In addition, where a provision of one of those Acts requires the vote of shareholders representing a fixed proportion of the capital stock of a company, the provision is considered to require the vote of a number of members equal to the proportion determined in value.
1974, c. 70, s. 35; 1984, c. 22, s. 11.
35. In the absence of a special provision in this act, Part I of the Companies Act (chapter C-38) applies mutatis mutandis to any company incorporated under chapter I of this title or under Division I of the Insurance Act (Revised Statutes, 1964, chapter 295) replaced by chapter 70 of the statutes of 1974, subject to the contrary provisions of this act.
In the absence of a corresponding provision in the special act governing an insurance company, Part II of the Companies Act applies mutatis mutandis to that company, subject to the contrary provisions of this act, which then apply to the company.
1974, c. 70, s. 35.