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A-32 - Act respecting insurance

Section 158
Disposition versions

Full text
158. (Repealed).
1974, c. 70, s. 158; 1985, c. 17, s. 20.
158. The board of directors may, every year, declare in advance, by by-law, the amount of the assessment to be levied on the subscription notes to cover the losses and general expenditures of the ensuing fiscal year; such amount shall be computed on the basis of the losses and general expenditures of at least the three preceding years and in view of the reserve provided for in section 278.
1974, c. 70, s. 158.
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