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A-32.1 - Insurers Act

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Article 453
Versions de la disposition

Texte complet
453. The Minister may, if the Minister considers it advisable, order the Authority to dissolve a federation that has not remedied one of the following failures within the specified time limit:
1°  the organization meeting is not held within the time limit specified in its application for constitution;
2°  fewer than five mutual companies are members of the federation; or
3°  an annual meeting has not been held for two consecutive years.
2018, c. 23, s. 3; 2025, c. 16, s. 76.
453. The Minister may, if the Minister considers it advisable, order the Authority to dissolve a federation that has not remedied one of the following failures within the specified time limit:
1°  the organization meeting is not held within the time limit specified in its application for constitution;
2°  fewer than nine mutual companies are members of the federation; or
3°  an annual meeting has not been held for two consecutive years.
2018, c. 23, s. 3.
In force: 2019-06-13
453. The Minister may, if the Minister considers it advisable, order the Authority to dissolve a federation that has not remedied one of the following failures within the specified time limit:
1°  the organization meeting is not held within the time limit specified in its application for constitution;
2°  fewer than nine mutual companies are members of the federation; or
3°  an annual meeting has not been held for two consecutive years.
2018, c. 23, s. 3.
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