210. Every corporation, other than a mutual insurance association or a professional corporation, that applies for a licence shall meet the requirements for the incorporation of an insurance company in Québec.
Notwithstanding the first paragraph, minimum capitalization requirements are exigible only from corporations applying for their first licence after 20 June 1984.
1974, c. 70, s. 210; 1982, c. 52, s. 70, s. 80; 1984, c. 22, s. 43; 1985, c. 17, s. 28; 1987, c. 54, s. 4.