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A-32.1 - Insurers Act

Section 195
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195. The only regulations and guidelines applicable to authorized reciprocal unions are those established to be applicable to those unions only and relating only to the maintenance, by the unions, of sufficient sums to enable them to meet their liabilities, as and when they become due.
2018, c. 23, s. 3; 2021, c. 34, s. 21; 2024, c. 15, s. 28.
195. The only regulations and guidelines applicable to authorized reciprocal unions are those established to be applicable to those unions only and relating only to the maintenance by the mandatary of adequate assets to meet the liabilities contracted by those parties in their insurer activities, as and when they become due.
2018, c. 23, s. 3; 2021, c. 34, s. 21.
195. The only regulations and guidelines applicable to authorized reciprocal unions are those established to be applicable to those unions only and relating only to the maintenance by the mandatary of adequate assets to meet the liabilities contracted by those persons in their insurer activities, as and when they become due.
2018, c. 23, s. 3.
In force: 2019-06-13
195. The only regulations and guidelines applicable to authorized reciprocal unions are those established to be applicable to those unions only and relating only to the maintenance by the mandatary of adequate assets to meet the liabilities contracted by those persons in their insurer activities, as and when they become due.
2018, c. 23, s. 3.
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