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A-32 - Act respecting insurance

Section 75
Disposition versions

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75. When a company purchases shares in accordance with this chapter it must annually pay dividends to its shareholders for as long as its capital stock has not been cancelled, at a rate equal to at least that paid in the three years preceding the authorization of the Minister, unless its financial condition prevents it and the Authority authorizes a lower rate.
1974, c. 70, s. 75; 1982, c. 52, s. 80; 1984, c. 22, s. 29; 2002, c. 45, s. 243; 2004, c. 37, s. 90.
75. When a company purchases shares in accordance with this chapter it must annually pay dividends to its shareholders for as long as its capital stock has not been cancelled, at a rate equal to at least that paid in the three years preceding the authorization of the Minister, unless its financial condition prevents it and the Agency authorizes a lower rate.
1974, c. 70, s. 75; 1982, c. 52, s. 80; 1984, c. 22, s. 29; 2002, c. 45, s. 243.
75. When a company purchases shares in accordance with this chapter it must annually pay dividends to its shareholders for as long as its capital stock has not been cancelled, at a rate equal to at least that paid in the three years preceding the authorization of the Minister, unless its financial condition prevents it and the Inspector General authorizes a lower rate.
1974, c. 70, s. 75; 1982, c. 52, s. 80; 1984, c. 22, s. 29.
75. When a company purchases shares in accordance with this chapter it must annually pay dividends to its shareholders for as long as its capital stock has not been cancelled, at a rate equal to at least that paid in the three years preceding the authorization of the Government, unless its financial condition prevents it and the Inspector General authorizes a lower rate.
1974, c. 70, s. 75; 1982, c. 52, s. 80.
75. When a company purchases shares in accordance with this chapter it must annually pay dividends to its shareholders for as long as its capital stock has not been cancelled, at a rate equal to at least that paid in the three years preceding the authorization of the Government, unless its financial condition prevents it and the Superintendent authorizes a lower rate.
1974, c. 70, s. 75.
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