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A-32 - Act respecting insurance

Section 237
Disposition versions

Full text
237. (Repealed).
1974, c. 70, s. 237; 1982, c. 52, s. 80; 2002, c. 70, s. 97.
237. Before an insurer may obtain reimbursement of its deposit, it must cause to be published in the Gazette officielle du Québec a notice indicating the date on which it ceased to transact insurance in Québec or the date on which it intends to do so.
The deposit is recoverable three months after such publication provided that no creditor objects thereto to the Inspector General in a writing giving the reasons for his objection and that the Inspector General believes that the insurer has sufficient assets to discharge all debts that may arise from the contracts it has established.
1974, c. 70, s. 237; 1982, c. 52, s. 80.
237. Before an insurer may obtain reimbursement of its deposit, it must cause to be published in the Gazette officielle du Québec a notice indicating the date on which it ceased to transact insurance in Québec or the date on which it intends to do so.
The deposit is recoverable three months after such publication provided that no creditor objects thereto to the Superintendent in a writing giving the reasons for his objection and that the Superintendent believes that the insurer has sufficient assets to discharge all debts that may arise from the contracts it has established.
1974, c. 70, s. 237.
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