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A-32 - Act respecting insurance

Section 154
Disposition versions

Full text
154. (Repealed).
1974, c. 70, s. 154; 1985, c. 17, s. 20.
154. When the insured property is affected by a hypothec, the directors may allow the transfer of the policy, as additional security, to the hypothecary creditor, without requiring that the latter sign a subscription note or that he be liable for the assessments owed by the hypothecary debtor.
1974, c. 70, s. 154.
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