A-32 - Act respecting insurance

Section 31 Disposition versions

2004-12-17

31. Unless authorized by the Authority, no person is entitled to solicit or accept a subscription to the capital stock of a company or instalments relating thereto for as long as such company has not obtained a licence.

Any person soliciting subscriptions to the capital stock of a company being formed must be in possession of a certificate issued by at least two of the founders, attesting that he is authorized to do so; a certified copy of such certificate must be sent to the Authority.

This section shall not have the effect of withdrawing solicitation for subscriptions to the capital stock from the pertinent provisions of the Securities Act (chapter V‐1.1).

1974, c. 70, s. 31; 1982, c. 52, s. 80; 2002, c. 70, s. 13; 2002, c. 45, s. 243; 2004, c. 37, s. 90.

2004-02-01

31. Unless authorized by the Agency, no person is entitled to solicit or accept a subscription to the capital stock of a company or instalments relating thereto for as long as such company has not obtained a licence.

Any person soliciting subscriptions to the capital stock of a company being formed must be in possession of a certificate issued by at least two of the founders, attesting that he is authorized to do so; a certified copy of such certificate must be sent to the Agency.

This section shall not have the effect of withdrawing solicitation for subscriptions to the capital stock from the pertinent provisions of the Securities Act (chapter V‐1.1).

1974, c. 70, s. 31; 1982, c. 52, s. 80; 2002, c. 70, s. 13; 2002, c. 45, s. 243.

2003-02-12

31. Unless authorized by the Inspector General, no person is entitled to solicit or accept a subscription to the capital stock of a company or instalments relating thereto for as long as such company has not obtained a licence.

Any person soliciting subscriptions to the capital stock of a company being formed must be in possession of a certificate issued by at least two of the founders, attesting that he is authorized to do so; a certified copy of such certificate must be sent to the Inspector General.

This section shall not have the effect of withdrawing solicitation for subscriptions to the capital stock from the pertinent provisions of the Securities Act (chapter V‐1.1).

1974, c. 70, s. 31; 1982, c. 52, s. 80; 1982, c. 52, s. 80; 2002, c. 70, s. 13.

1983-04-06

31. Unless authorized by the Inspector General, no person is entitled to solicit or accept a subscription to the capital stock of a company or instalments relating thereto for as long as such company has not obtained a licence.

Any person soliciting subscriptions to the capital stock of a company being formed must be in possession of a certificate issued by at least two of the applicants, attesting that he is authorized to do so; a certified copy of such certificate must be sent to the Inspector General.

This section shall not have the effect of withdrawing solicitation for subscriptions to the capital stock from the pertinent provisions of the Securities Act (chapter V-1.1).

1974, c. 70, s. 31; 1982, c. 52, s. 80.

1983-04-01

31. Unless authorized by the Inspector General, no person is entitled to solicit or accept a subscription to the capital stock of a company or instalments relating thereto for as long as such company has not obtained a licence.

Any person soliciting subscriptions to the capital stock of a company being formed must be in possession of a certificate issued by at least two of the applicants, attesting that he is authorized to do so; a certified copy of such certificate must be sent to the Inspector General.

This section shall not have the effect of withdrawing solicitation for subscriptions to the capital stock from the pertinent provisions of the Securities Act (chapter V-1).

1974, c. 70, s. 31; 1982, c. 52, s. 80.

1977-12-31

31. Unless authorized by the Superintendent, no person is entitled to solicit or accept a subscription to the capital stock of a company or instalments relating thereto for as long as such company has not obtained a licence.

Any person soliciting subscriptions to the capital stock of a company being formed must be in possession of a certificate issued by at least two of the applicants, attesting that he is authorized to do so; a certified copy of such certificate must be sent to the Superintendent.

This section shall not have the effect of withdrawing solicitation for subscriptions to the capital stock from the pertinent provisions of the Securities Act (chapter V-1).

1974, c. 70, s. 31.