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A-32 - Act respecting insurance

Section 76
Disposition versions

Full text
76. As soon as the company has received offers for sale of at least 75% of its issued and allotted shares, has purchased all those offered to it for sale and has at its disposal the sums required to purchase the remainder, it must give notice in writing to the Authority and each registered holder of the remaining shares and reserve the sums required to purchase them, and such purchase must be effected upon receipt of the corresponding certificates.
1974, c. 70, s. 76; 1982, c. 52, s. 80; 2002, c. 45, s. 243; 2004, c. 37, s. 90.
76. As soon as the company has received offers for sale of at least 75 per cent of its issued and allotted shares, has purchased all those offered to it for sale and has at its disposal the sums required to purchase the remainder, it must give notice in writing to the Agency and each registered holder of the remaining shares and reserve the sums required to purchase them, and such purchase must be effected upon receipt of the corresponding certificates.
1974, c. 70, s. 76; 1982, c. 52, s. 80; 2002, c. 45, s. 243.
76. As soon as the company has received offers for sale of at least 75 per cent of its issued and allotted shares, has purchased all those offered to it for sale and has at its disposal the sums required to purchase the remainder, it must give notice in writing to the Inspector General and each registered holder of the remaining shares and reserve the sums required to purchase them, and such purchase must be effected upon receipt of the corresponding certificates.
1974, c. 70, s. 76; 1982, c. 52, s. 80.
76. As soon as the company has received offers for sale of at least 75 per cent of its issued and allotted shares, has purchased all those offered to it for sale and has at its disposal the sums required to purchase the remainder, it must give notice in writing to the Superintendent and each registered holder of the remaining shares and reserve the sums required to purchase them, and such purchase must be effected upon receipt of the corresponding certificates.
1974, c. 70, s. 76.
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