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A-32.1 - Insurers Act

Section 155
Disposition versions

Full text
155. On receipt of a notice referred to in the first paragraph of section 148 or, if the Authority receives it before the expiry of the time limit specified in that section, not later than the 30th day before an operation provided for in the first paragraph of that section, the Authority publishes the notice in its bulletin and reviews the authorization it has granted to the insurer to determine whether it can be maintained.
The Authority may, to maintain its authorization, require any undertaking it considers necessary to ensure compliance with this Act.
A notice of intention to carry out an operation referred to in subparagraph 5 of the first paragraph of section 146 is not published.
2018, c. 23, s. 3; 2021, c. 34, s. 17; 2024, c. 15, s. 80.
155. On receipt of a notice referred to in the first paragraph of section 148 or, if the Authority receives it before the expiry of the time limit specified in that section, not later than the 30th day before an operation provided for in the first paragraph of that section, the Authority publishes the notice in its bulletin and reviews the authorization it has granted to the insurer to determine whether it can be maintained.
The Authority may, to maintain its authorization, require any undertaking it considers necessary to ensure compliance with this Act.
A notice of intention to carry out an acquisition or transfer of assets having a significant effect on an authorized Québec insurer is not published.
2018, c. 23, s. 3; 2021, c. 34, s. 17.
155. On receipt from an authorized insurer of a notice of intention to carry out one or more operations giving rise to a review mentioned in section 146 and, if applicable, the required documents, costs and fees, the Authority publishes the notice in its bulletin and reviews the authorization it has granted to the insurer to determine whether it can be maintained.
The Authority may, to maintain its authorization, require any undertaking it considers necessary to ensure compliance with this Act.
A notice of intention to carry out an acquisition or transfer of assets having a significant effect on an authorized Québec insurer is not published.
2018, c. 23, s. 3.
In force: 2019-06-13
155. On receipt from an authorized insurer of a notice of intention to carry out one or more operations giving rise to a review mentioned in section 146 and, if applicable, the required documents, costs and fees, the Authority publishes the notice in its bulletin and reviews the authorization it has granted to the insurer to determine whether it can be maintained.
The Authority may, to maintain its authorization, require any undertaking it considers necessary to ensure compliance with this Act.
A notice of intention to carry out an acquisition or transfer of assets having a significant effect on an authorized Québec insurer is not published.
2018, c. 23, s. 3.
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