D-9.2, r. 10 - Regulation respecting the pursuit of activities as a representative

Section 28 Disposition versions

2013-10-22

28. A damage insurance broker or agent is authorized to act, exceptionally, as a claims adjuster pursuant to section 46 of An Act respecting the distribution of financial products and services (chapter D-9.2) under the following conditions and circumstances:

(1)  his pursuit of activities as a claims adjuster must be incidental to the pursuit of activities as a damage insurance broker or agent;

(2)  he must comply with the rules governing the activities of a claims adjuster, with the necessary modifications;

(3)  he must disclose, in writing, to each client with whom he transacts business the type of remuneration he receives for services rendered as a claims adjuster.

O.C. 830-99, s. 28; M.O. 2013-12, s. 19.

2012-09-01

28. A damage insurance broker or agent is authorized to act as a claims adjuster pursuant to section 46 of the Act and must:

(1)  comply with the rules governing the activities of a claims adjuster, with the necessary modifications;

(2)  disclose, in writing, to each person with whom he transacts business the type of remuneration he receives for services rendered as a claims adjuster.

O.C. 830-99, s. 28.