184.1. Insurance companies, governed by Part I, IA or II of the Companies Act (chapter C‐38), may amalgamate. Subject to the provisions of this division, sections 123.116 to 123.130 of the Companies Act apply to the amalgamation of insurance companies.
Amalgamation effects continuance under Part IA of the aid Act without it being necessary for an insurance company to be continued in accordance with sections 123.131 to 123.139 of that Act.