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A-32 - Act respecting insurance

Section 263
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263. (Repealed).
1974, c. 70, s. 263; 1979, c. 33, s. 20; 1984, c. 22, s. 53; 1990, c. 86, s. 30.
263. Sections 259 to 262 do not apply to loans or other debts existing between two insurers if they result from their operations in the usual course of business.
Nor do they apply to loans or investments made by an insurer to or in any of its subsidiaries or by an insurer, that is a subsidiary of another financial institution, to or in another subsidiary of its parent company.
1974, c. 70, s. 263; 1979, c. 33, s. 20; 1984, c. 22, s. 53.
263. Sections 259 to 262 do not apply to loans or other debts existing between two insurers if they result from their operations in the usual course of business.
Nor do they apply to loans or investments made by an insurer to or in a corporation in which the insurer holds fully paid shares in accordance with section 249 or section 250.
1974, c. 70, s. 263; 1979, c. 33, s. 20.
263. Sections 259 to 262 do not apply to loans or other debts existing between two insurers if they result from their operations in the usual course of business.
1974, c. 70, s. 263.
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