C-26, r. 171.1 - Regulation respecting the practice of the profession of respiratory therapist in a partnership or joint-stock company

Section 12 Disposition versions

2016-01-01

12. The security must include the following minimum conditions:

(1)  an undertaking by the insurer or the surety to pay in lieu of the partnership or joint-stock company, over and above the amount of the security to be furnished by the respiratory therapist pursuant to the Règlement sur l’assurance de la responsabilité professionnelle de l’Ordre professionnel des inhalothérapeutes du Québec (chapter C-26, r. 165), or of any other coverage taken out by the respiratory therapist if it is greater, up to the amount of the security, any sum that the partnership or joint-stock company may be legally bound to pay to a third person on a claim filed during the coverage period and arising from fault on the part of the respiratory therapist committed while practising within the partnership or joint-stock company;

(2)  an undertaking by the insurer or the surety to take up the cause of the partnership or joint-stock company and defend it in any action against it and to pay, in addition to the amounts covered by the security, all legal costs and other expenses of proceedings against the partnership or joint-stock company, including those of the inquiry and defence and the interest on the amount of the security;

(3)  an undertaking by the insurer or surety that the security is at least $1,000,000 per claim and for all claims filed against the partnership or joint-stock company during a 12-month coverage period;

(4)  an undertaking by the insurer or surety to give 30 days’ notice to the secretary of the Order prior to any cancellation of the insurance or suretyship contract or any amendment to the contract if the amendment affects a condition set out in this Regulation; and

(5)  an undertaking by the insurer or surety to immediately notify the secretary of the Order if the insurance or suretyship contract is not renewed.

O.C. 1125-2012, s. 12; I.N. 2016-01-01 (NCCP).

2012-12-27

12. The security must include the following minimum conditions:

(1)  an undertaking by the insurer or the surety to pay in lieu of the partnership or joint-stock company, over and above the amount of the security to be furnished by the respiratory therapist pursuant to the Règlement sur l’assurance de la responsabilité professionnelle de l’Ordre professionnel des inhalothérapeutes du Québec (chapter C-26, r. 165), or of any other coverage taken out by the respiratory therapist if it is greater, up to the amount of the security, any sum that the partnership or joint-stock company may be legally bound to pay to a third person on a claim filed during the coverage period and arising from fault on the part of the respiratory therapist committed while practising within the partnership or joint-stock company;

(2)  an undertaking by the insurer or the surety to take up the cause of the partnership or joint-stock company and defend it in any action against it and to pay, in addition to the amounts covered by the security, all costs and expenses of proceedings against the partnership or joint-stock company, including the costs of the inquiry and defence and the interest on the amount of the security;

(3)  an undertaking by the insurer or surety that the security is at least $1,000,000 per claim and for all claims filed against the partnership or joint-stock company during a 12-month coverage period;

(4)  an undertaking by the insurer or surety to give 30 days’ notice to the secretary of the Order prior to any cancellation of the insurance or suretyship contract or any amendment to the contract if the amendment affects a condition set out in this Regulation; and

(5)  an undertaking by the insurer or surety to immediately notify the secretary of the Order if the insurance or suretyship contract is not renewed.

O.C. 1125-2012, s. 12.