A-32.1 - Insurers Act

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476. The Financial Markets Administrative Tribunal may prohibit a person from acting as a director or officer of an authorized insurer on the grounds set out in article 329 of the Civil Code or when a sanction has been imposed on the person under this Act.
The prohibition imposed by the Tribunal may not exceed five years.
The Tribunal may, at the request of the person concerned, lift the prohibition on such conditions as it considers appropriate.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
476. The Financial Markets Administrative Tribunal may prohibit a person from acting as a director or officer of an authorized insurer on the grounds set out in article 329 of the Civil Code or when a sanction has been imposed on the person under this Act.
The prohibition imposed by the Tribunal may not exceed five years.
The Tribunal may, at the request of the person concerned, lift the prohibition on such conditions as it considers appropriate.
2018, c. 23, s. 32018, c. 23, s. 3.