A-25 - Automobile Insurance Act

Full text
97.1. An authorized insurer may also issue a certificate of insurance to a person who is not resident in Québec provided that the policy issued by him outside Québec meets the requirements of Division II.
An unauthorized insurer may be authorized by the Autorité des marchés financiers to issue such a certificate to such a person if he authorizes the Autorité des marchés financiers to receive service of any proceeding instituted against him by reason of an accident that occurred in Québec.
In both cases, the insurer must, furthermore, undertake, in a written document remitted to the Autorité des marchés financiers, to satisfy any judgment as if the insurance policy and the certificate had been issued in Québec.
The Autorité des marchés financiers shall revoke the authorization of every insurer who fails to carry out his undertakings; from then on, the certificates issued by that insurer are void.
1981, c. 7, s. 542; 1989, c. 15, s. 5; 2002, c. 45, s. 166; 2004, c. 37, s. 90.
97.1. An authorized insurer may also issue a certificate of insurance to a person who is not resident in Québec provided that the policy issued by him outside Québec meets the requirements of Division II.
An unauthorized insurer may be authorized by the Agence nationale d’encadrement du secteur financier to issue such a certificate to such a person if he authorizes the Agence nationale d’encadrement du secteur financier to receive service of any proceeding instituted against him by reason of an accident that occurred in Québec.
In both cases, the insurer must, furthermore, undertake, in a written document remitted to the Agence nationale d’encadrement du secteur financier, to satisfy any judgment as if the insurance policy and the certificate had been issued in Québec.
The Agence nationale d’encadrement du secteur financier shall revoke the authorization of every insurer who fails to carry out his undertakings; from then on, the certificates issued by that insurer are void.
1981, c. 7, s. 542; 1989, c. 15, s. 5; 2002, c. 45, s. 166.
97.1. An authorized insurer may also issue a certificate of insurance to a person who is not resident in Québec provided that the policy issued by him outside Québec meets the requirements of Division II.
An unauthorized insurer may be authorized by the Inspector General of Financial Institutions to issue such a certificate to such a person if he authorizes the Inspector General of Financial Institutions to receive service of any proceeding instituted against him by reason of an accident that occurred in Québec.
In both cases, the insurer must, furthermore, undertake, in a written document remitted to the Inspector General of Financial Institutions, to satisfy any judgment as if the insurance policy and the certificate had been issued in Québec.
The Inspector General of Financial Institutions shall revoke the authorization of every insurer who fails to carry out his undertakings; from then on, the certificates issued by that insurer are void.
1981, c. 7, s. 542; 1989, c. 15, s. 5.
97.1. An authorized insurer may also issue a certificate of insurance to a person who is not resident in Québec provided that the policy issued by him outside Québec meets the requirements of Division II.
An unauthorized insurer may be authorized by the Régie to issue such a certificate to such a person if he authorizes the Régie to receive service of any proceeding instituted against him by reason of an accident that occurred in Québec.
In both cases, the insurer must, furthermore, undertake, in a written document remitted to the Régie, to satisfy any judgment as if the insurance policy and the certificate had been issued in Québec.
The Régie shall revoke the authorization of every insurer who fails to carry out his undertakings; from then on, the certificates issued by that insurer are void.
1981, c. 7, s. 542.