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A-32.1 - Insurers Act
Section 229
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229. The organization of an insurance company or association concludes when the Authority grants or refuses to grant its authorization or when such authorization has not been obtained on the expiry of a one-year period after the company or association became regulated by this Title without there having been a refusal to grant it.
The Minister may, on the company’s or association’s application, extend its organization for a period not exceeding one year.
229. The organization of an insurance company concludes when the Authority grants or refuses to grant its authorization or when such authorization has not been obtained on the expiry of a one-year period after the corporation became regulated by this Title without there having been a refusal to grant it.
The Minister may, on the company’s application, extend its organization for a period not exceeding one year.
In force: 2019-06-13
229. The organization of an insurance company concludes when the Authority grants or refuses to grant its authorization or when such authorization has not been obtained on the expiry of a one-year period after the corporation became regulated by this Title without there having been a refusal to grant it.
The Minister may, on the company’s application, extend its organization for a period not exceeding one year.
