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A-32 - Act respecting insurance

Section 279
Disposition versions

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279. Every mutual benefit association constituted under the laws of Québec must establish provisions and reserves that are good and sufficient having regard to the payment at maturity of the obligations of each of the funds established by the association in accordance with this Act, according to the methods established by the regulations.
1974, c. 70, s. 279; 1996, c. 63, s. 51.
279. Every mutual benefit association incorporated under the laws of Québec must maintain sufficient reserves, according to actuarial rules, to guarantee payment at maturity of the obligations of each of the funds established by the association in conformity with this Act, according to the standards established by the regulations.
1974, c. 70, s. 279.
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