A-32 - Act respecting insurance

Full text
187. The agreement must be approved by the general meeting of each party, by a two-thirds majority of the votes recorded, and the secretaries of the legal persons shall thereupon certify such approval on the duplicates of the agreement.
In the case of a company, the majority required by the first paragraph must be expressed in terms of the value of the shares represented by the shareholders present.
1974, c. 70, s. 187; 1996, c. 63, s. 80.
187. The agreement must be approved by the general meeting of each party, by a two-thirds majority of the votes recorded, and the secretaries of the corporations shall thereupon certify such approval on the duplicates of the agreement.
In the case of a company, the majority required by the first paragraph must be expressed in terms of the value of the shares represented by the shareholders present.
1974, c. 70, s. 187.