A-32.1 - Insurers Act

Section 28 Disposition versions

2019-06-13

28. The following persons are not required to obtain the Authority’s authorization to carry on insurer activities:

(1)  a person constituted under the laws of a jurisdiction other than Québec who carries on only reinsurer activities in Québec; and

(2)  a person who, without being a Québec insurer, carries on insurer activities in Québec only as surety or as debtor of an annuity.

Such an authorization may nevertheless be granted to a legal person that applies for it, as if it were required.

2018, c. 23, s. 3.

Not in force

In force: 2019-06-13

28. The following persons are not required to obtain the Authority’s authorization to carry on insurer activities:

(1)  a person constituted under the laws of a jurisdiction other than Québec who carries on only reinsurer activities in Québec; and

(2)  a person who, without being a Québec insurer, carries on insurer activities in Québec only as surety or as debtor of an annuity.

Such an authorization may nevertheless be granted to a legal person that applies for it, as if it were required.

2018, c. 23, s. 3.