80. In the annual statement it must file with the Service des assurances, the company may enter under assets an amount equal to the excess of the price of each share purchased over its par value, less however, each year, at least one-fifth of the said excess for each full year from purchase.
The shares respecting which the reserve provided for in section 76 has been made are deemed to have been purchased.
1974, c. 70, s. 80; 1977, c. 5, s. 14.