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A-32 - Act respecting insurance

Section 223
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223. (Repealed).
1974, c. 70, s. 223; 1985, c. 17, s. 29; 2002, c. 70, s. 97.
223. No insurer, other than a mutual insurance association, may assume liability for a fire risk unless it reinsures with another insurer any fraction of it exceeding 10% of its capital and surplus.
1974, c. 70, s. 223; 1985, c. 17, s. 29.
223. No insurer may assume liability for a fire risk unless it reinsures with another company any fraction of it exceeding 10 per cent of its capital and surplus.
1974, c. 70, s. 223.
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