35.2. Articles of amendment filed by an insurance company may not be sent to the enterprise registrar without the authorization of the Authority. The same applies to articles of consolidation and an application for authorization to cancel the articles.
The application for authorization shall be filed together with the information prescribed by regulation, the proposed articles of amendment and the other documents prescribed by regulation. The Authority may also request any document or information it considers relevant for the examination of the application.
If the Authority considers it advisable, it may authorize articles of amendment, articles of consolidation or an application for cancellation of the articles to be sent to the enterprise registrar.
However, the Authority may not grant a request for the cancellation of articles of amalgamation or continuance unless it has received prior authorization from the Minister.
In addition, the Authority may request the consolidation of the articles of a company.
When the articles of amendment are filed in the register, the enterprise registrar shall transmit a certified copy thereof to the Authority.
2002, c. 70, s. 17; 2004, c. 37, s. 90; 2008, c. 7, s. 19; 2009, c. 52, s. 504.