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A-32 - Act respecting insurance

Section 151
Disposition versions

Full text
151. (Repealed).
1974, c. 70, s. 151; 1985, c. 17, s. 20.
151. Every member of a mutual fire insurance association shall, before insurance is issued to him by the association, deliver to it a note or undertaking called a “subscription note”. Such note must be payable on demand to the association for the amount established by the board of directors in accordance with the by-laws of the association for the kind of risk contemplated.
1974, c. 70, s. 151.
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