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A-32 - Act respecting insurance

Section 270
Disposition versions

Full text
270. An insurer shall effect its deposits, loans and investments in its name, unless it does so through a clearing house recognized by the Authority or unless, at the request of the insurer, the Authority exempts it from the obligation to do so in such cases and on such conditions as it may determine according to the circumstances.
1974, c. 70, s. 270; 1984, c. 22, s. 56; 1990, c. 86, s. 32; 1996, c. 63, s. 83; 2002, c. 45, s. 243; 2004, c. 37, s. 90.
270. An insurer shall effect its deposits, loans and investments in its name, unless it does so through a clearing house recognized by the Agency or unless, at the request of the insurer, the Agency exempts it from the obligation to do so in such cases and on such conditions as it may determine according to the circumstances.
1974, c. 70, s. 270; 1984, c. 22, s. 56; 1990, c. 86, s. 32; 1996, c. 63, s. 83; 2002, c. 45, s. 243.
270. An insurer shall effect its deposits, loans and investments in its name, unless it does so through a clearing house recognized by the Inspector General or unless, at the request of the insurer, the Inspector General exempts it from the obligation to do so in such cases and on such conditions as he may determine according to the circumstances.
1974, c. 70, s. 270; 1984, c. 22, s. 56; 1990, c. 86, s. 32; 1996, c. 63, s. 83.
270. An insurer shall effect its deposits, loans and investments in its corporate name, unless it does so through a clearing house recognized by the Inspector General or unless, at the request of the insurer, the Inspector General exempts it from the obligation to do so in such cases and on such conditions as he may determine according to the circumstances.
1974, c. 70, s. 270; 1984, c. 22, s. 56; 1990, c. 86, s. 32.
270. All deposits, loans and investments of an insurer shall be made in its corporate name, subject to any inconsistent laws of a country other than Canada where the insurer carries on business, or except in the case of securities that the Inspector General recognizes as unqualified for registration.
1974, c. 70, s. 270; 1984, c. 22, s. 56.
270. Subject to any inconsistent law of a country other than Canada where the insurer carries on its activity, its deposits, loans and investments must be made in its corporate name.
1974, c. 70, s. 270.
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