C-73.1 - Real Estate Brokerage Act

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79.1. The Association may establish an insurance fund and require brokers to subscribe to it.
The Association shall determine by by-law the premium a broker must pay on the basis of any criteria set out in the by-law.
The by-law is submitted to the Government for approval with or without amendment.
Sections 174.1 to 174.11 and 174.13 to 174.18 of the Act respecting insurance (chapter A‐32), with the necessary modifications, apply to the insurance fund established by the Association.
If it establishes an insurance fund, the Association is an insurer within the meaning of the Act respecting insurance.
2004, c. 37, s. 55.