A-32.1 - Insurers Act

Section 228 Disposition versions

2019-06-13

228. The directors elected at the organization meeting must hold a subsequent organization meeting during which they must, in particular,

(1)  issue the shares of the share capital of the mutual company that, if applicable, were subscribed and paid; and

(2)  take any other measure toward organizing the company that is not reserved to the mutual members’ meeting.

2018, c. 23, s. 3.

Not in force

In force: 2019-06-13

228. The directors elected at the organization meeting must hold a subsequent organization meeting during which they must, in particular,

(1)  issue the shares of the share capital of the mutual company that, if applicable, were subscribed and paid; and

(2)  take any other measure toward organizing the company that is not reserved to the mutual members’ meeting.

2018, c. 23, s. 3.