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A-32 - Act respecting insurance

Section 275.4
Disposition versions

Full text
275.4. No insurer may sell, in the course of a 12-month period, all or part of its enterprise if the amount of the sale represents more than 5% of its assets unless it gives prior notice of 45 days to the Authority. The prior notice shall indicate the name and the address of the head office of the parties. It shall also be accompanied with a draft copy of the contract the parties intend to sign.
1990, c. 86, s. 38; 1996, c. 63, s. 83; 2002, c. 70, s. 109; 2002, c. 45, s. 243; 2004, c. 37, s. 90.
275.4. No insurer may sell, in the course of a 12-month period, all or part of its enterprise if the amount of the sale represents more than 5 % of its assets unless it gives prior notice of 45 days to the Agency. The prior notice shall indicate the name and the address of the head office of the parties. It shall also be accompanied with a draft copy of the contract the parties intend to sign.
1990, c. 86, s. 38; 1996, c. 63, s. 83; 2002, c. 70, s. 109; 2002, c. 45, s. 243.
275.4. No insurer may sell, in the course of a 12-month period, all or part of its enterprise if the amount of the sale represents more than 5 % of its assets unless it gives prior notice of 45 days to the Inspector General. The prior notice shall indicate the name and the address of the head office of the parties. It shall also be accompanied with a draft copy of the contract the parties intend to sign.
1990, c. 86, s. 38; 1996, c. 63, s. 83; 2002, c. 70, s. 109.
275.4. No insurer may sell all or part of its enterprise unless it gives prior notice of 45 days to the Inspector General. The prior notice shall indicate the name and the address of the head office of the parties. It shall also be accompanied with a draft copy of the contract the parties intend to sign.
1990, c. 86, s. 38; 1996, c. 63, s. 83.
275.4. No insurer may sell all or part of its enterprise unless it gives prior notice of 45 days to the Inspector General. The prior notice shall indicate the corporate name and the address of the head office of the parties. It shall also be accompanied with a draft copy of the contract the parties intend to sign.
1990, c. 86, s. 38.
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