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A-32 - Act respecting insurance

Section 176
Disposition versions

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176. Every insurance company contemplated in paragraphs b and c of section 175 may be converted into an insurance company governed by this Act.
Several insurance companies contemplated in paragraphs b and c of section 175 may also amalgamate if they are at the same time converted into an insurance company governed by this Act.
1974, c. 70, s. 176; 1984, c. 22, s. 35; 2002, c. 70, s. 65.
176. Every insurance company contemplated in paragraphs b and c of section 175 may be converted into an insurance company governed by this act.
Several insurance companies contemplated in paragraphs b and c of section 175 may also amalgamate if they are at the same time converted into an insurance company governed by this act.
In no case, however, may a mutual life-insurance company avail itself of the provisions of this chapter for converting into a capital stock company.
1974, c. 70, s. 176; 1984, c. 22, s. 35.
176. Every insurance company contemplated in paragraphs b and c of section 175 may be converted into an insurance company governed by this act.
Several insurance companies contemplated in paragraphs b and c of section 175 may also amalgamate if they are at the same time converted into an insurance company governed by this act.
1974, c. 70, s. 176.
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