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A-25 - Automobile Insurance Act

Section 162
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162. The directors are elected, by ballot, by the authorized insurers, who shall hold their general meeting on or before 31 March each year.
The Groupement by by-law, may provide for weighted votes, taking into account the proportion of the direct gross premiums collected for automobile insurance in Québec in the preceding year by each authorized insurer, who in every case has at least one vote.
On the expiry of their term, the directors remain in office until they are re-elected or replaced.
1977, c. 68, s. 162; 1989, c. 47, s. 5.
162. The directors are elected, by ballot, by the authorized insurers, who shall hold their general meeting on or before 31 March each year.
The Corporation, by by-law, may provide for weighted votes, taking into account the proportion of the direct gross premiums collected for automobile insurance in Québec in the preceding year by each authorized insurer, who in every case has at least one vote.
On the expiry of their term, the directors remain in office until they are re-elected or replaced.
1977, c. 68, s. 162.
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