Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

A-32 - Act respecting insurance

Section 281
Disposition versions

Full text
281. The insurer may by by-law, in order to constitute any separate group of assets contemplated in section 280, pay into it any amount or security derived from its surplus which it has at its disposal.
For the purposes of the first paragraph, any surplus shall be that shown in the last annual statement of the insurer.
The first paragraph has effect from 20 October 1976 in respect of mutual insurance companies.
1974, c. 70, s. 281; 2002, c. 70, s. 111.
281. The insurer may by by-law, in order to constitute any separate group of assets contemplated in section 280, pay into it any amount or security derived from its surplus which it has at its disposal for payment of dividends.
1974, c. 70, s. 281.
© Gouvernement du Québec