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A-32 - Act respecting insurance

Section 244.2
Disposition versions

Full text
244.2. Notwithstanding section 244.1, an insurer may
(1)  acquire directly all or part of the shares of a legal person that only carries on activities similar to those the insurer is authorized to carry on; and
(2)  acquire all or part of the shares of a legal person in such cases as are determined by government regulation.
Except in the case of a professional order, an insurer may acquire shares of a legal person through a holding company.
2002, c. 70, s. 99.
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