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A-32 - Act respecting insurance

Section 226
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Full text
226. (Repealed).
1974, c. 70, s. 226; 1982, c. 52, s. 80; 2002, c. 70, s. 97.
226. The value of the bonds and other securities given as a deposit by an insurer is established each year according to their market value on the preceding 31 December.
If that market value decreases by 10 per cent or more, the Inspector General may require the insurer to make up the deficit.
1974, c. 70, s. 226; 1982, c. 52, s. 80.
226. The value of the bonds and other securities given as a deposit by an insurer is established each year according to their market value on the preceding 31 December.
If that market value decreases by 10 per cent or more, the Superintendent may require the insurer to make up the deficit.
1974, c. 70, s. 226.
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