A-32.1 - Insurers Act

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303. The following legal persons may be continued as insurance companies:
(1)  a legal person constituted under the laws of a jurisdiction other than Québec, if the Act governing the legal person confers on it the capacity to carry on insurer activities; and
(2)  an authorized insurer constituted under a private Act of Québec.
An insurer is continued as a business corporation if it is of the nature of such a corporation; otherwise, it is continued as a mutual company.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
303. The following legal persons may be continued as insurance companies:
(1)  a legal person constituted under the laws of a jurisdiction other than Québec, if the Act governing the legal person confers on it the capacity to carry on insurer activities; and
(2)  an authorized insurer constituted under a private Act of Québec.
An insurer is continued as a business corporation if it is of the nature of such a corporation; otherwise, it is continued as a mutual company.
2018, c. 23, s. 32018, c. 23, s. 3.