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A-32 - Act respecting insurance
Section 268
Disposition versions
268. If, following the reorganization or winding-up of a legal person or the amalgamation of legal persons, securities held by an insurer are replaced by other securities, the insurer is required to comply with the investment rules prescribed by this Act within five years from the date of reorganization, winding-up or amalgamation.
268. If, following the reorganization or winding-up of a corporation or the amalgamation of corporations, securities held by an insurer are replaced by other securities, the insurer is required to comply with the investment rules prescribed by this Act within five years from the date of reorganization, winding-up or amalgamation.
268. If, following the reorganization or winding-up of a corporation or the amalgamation of corporations, securities held by an insurer are replaced by other securities, the insurer is required to comply with sections 244 to 265 within five years from the date of reorganization, winding-up or amalgamation.
268. If, following the reorganization or winding-up of a corporation or the amalgamation of several corporations, securities held by an insurer are replaced by other securities which the insurer is not permitted to hold under sections 244 to 267, it shall not hold them for more than five years without regarding them as investments made under section 256.
