247.1. Every insurer, other than a mutual association or a professional order, shall, within 15 days following the date of an investment, file with the Authority an engagement signed by the newly-acquired subsidiary to comply with the conditions prescribed by regulation for as long as the insurer holds its shares.
1984, c. 22, s. 48; 1987, c. 54, s. 13; 1994, c. 40, s. 457; 2002, c. 45, s. 243; 2004, c. 37, s. 90.