A-32 - Act respecting insurance

Full text
157. (Repealed).
1974, c. 70, s. 157; 1985, c. 17, s. 20.
157. The losses and related expenditures shall be apportioned among the members and each of them shall pay a share thereof established in the ratio that the amount of his subscription note bears to the aggregate of the notes held by the association; the amount and the date of apportionment of such share shall be fixed by the board of directors.
1974, c. 70, s. 157.