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A-32 - Act respecting insurance

Section 50.4
Disposition versions

Full text
50.4. Where shares in an insurance company are allotted or the transfer thereof is registered contrary to section 43, each person to or in favour of whom such shares are allotted or transferred shall not be entitled to exercise a number of voting rights attached to shares in the insurance company equivalent to the number of voting rights attached to the shares that were allotted or transferred and registered unlawfully.
1990, c. 86, s. 4; 2002, c. 70, s. 29.
50.4. Where shares in an insurance company are allotted or the transfer thereof is registered contrary to section 43 or 44, each person to or in favour of whom such shares are allotted or transferred shall not be entitled to exercise a number of voting rights attached to shares in the insurance company equivalent to the number of voting rights attached to the shares that were allotted or transferred and registered unlawfully.
1990, c. 86, s. 4.
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