18. Guarantee policy: Any person who furnishes a guarantee policy must renew it and ensure that it remain in force during the entire period of operation and during a 60-day period after the final termination of the operation. Every person contemplated by this section must transmit to the Minister proof of every renewal of a guarantee policy.
Every guarantee policy must include a provision in virtue of which the insurer must advise the Minister in the case of the cancellation of the policy.
R.R.Q., 1981, c. Q-2, r. 14, s. 18; S.Q., 1988, c. 49, s. 54; O.C. 492-2000, s. 5.