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A-32 - Act respecting insurance
Section 359
Disposition versions
359. (Repealed).
359. The Inspector General may cancel the licence of any insurer:
(a) which no longer complies with the conditions prescribed;
(b) which has obtained such licence through fraud or as the result of an error;
(c) which becomes or is about to become insolvent;
(d) the deposit of which no longer conforms to the requirements of Chapter II of this title;
(e) which refuses or neglects to comply with this act or the regulations after its licence has been suspended in accordance with paragraph b of section 358.
359. The Superintendent may cancel the licence of any insurer:
(a) which no longer complies with the conditions prescribed;
(b) which has obtained such licence through fraud or as the result of an error;
(c) which becomes or is about to become insolvent;
(d) the deposit of which no longer conforms to the requirements of Chapter II of this title;
(e) which refuses or neglects to comply with this act or the regulations after its licence has been suspended in accordance with paragraph b of section 358.
