C-74 - Insurance Brokers Act

Section 19 Disposition versions

1990-04-15

19. The office of member of the Board shall become vacant if the holder

(a)  dies;

(b)  ceases to be a member in good standing;

(c)  incurs a disciplinary penalty of expulsion, suspension or fine imposed by the Inspector General of Financial Institutions or the Association;

(d)  is placed under tutorship or curatorship or provided with an adviser;

(e)  goes bankrupt or is a director of a corporation which does business as an insurance broker and becomes insolvent or bankrupt;

(f)  forwards to the manager his resignation in writing.

R. S. 1964, c. 268, s. 19; 1982, c. 52, s. 195; 1989, c. 54, s. 166.

1983-04-01

19. The office of member of the Board shall become vacant if the holder

(a)  dies;

(b)  ceases to be a member in good standing;

(c)  incurs a disciplinary penalty of expulsion, suspension or fine imposed by the Inspector General of Financial Institutions or the Association;

(d)  is interdicted or provided with a judicial adviser;

(e)  goes bankrupt or is a director of a corporation which does business as an insurance broker and becomes insolvent or bankrupt;

(f)  forwards to the manager his resignation in writing.

R. S. 1964, c. 268, s. 19; 1982, c. 52, s. 195.

1977-12-31

19. The office of member of the Board shall become vacant if the holder

(a)  dies;

(b)  ceases to be a member in good standing;

(c)  incurs a disciplinary penalty of expulsion, suspension or fine imposed by the Superintendent of Insurance or the Association;

(d)  is interdicted or provided with a judicial adviser;

(e)  goes bankrupt or is a director of a corporation which does business as an insurance broker and becomes insolvent or bankrupt;

(f)  forwards to the manager his resignation in writing.

R. S. 1964, c. 268, s. 19.