A-32.1 - Insurers Act

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207. The promoters must designate a provisional secretary, see to the preparation of the documents necessary for the constitution of the mutual company, in particular the articles of constitution, and sign the documents.
They must also see that an organization meeting is called within 60 days after the date on which the mutual company is constituted.
If the proposed mutual company will be a member of a federation, the promoters must obtain a resolution attesting the federation’s undertaking to admit the company as a member.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
207. The promoters must designate a provisional secretary, see to the preparation of the documents necessary for the constitution of the mutual company, in particular the articles of constitution, and sign the documents.
They must also see that an organization meeting is called within 60 days after the date on which the mutual company is constituted.
If the proposed mutual company will be a member of a federation, the promoters must obtain a resolution attesting the federation’s undertaking to admit the company as a member.
2018, c. 23, s. 32018, c. 23, s. 3.