A-32 - Act respecting insurance

Section 93.123 Disposition versions

1999-10-22

93.123. Only a mutual insurance association may be a founder of a federation.

A minimum of 12 mutual insurance associations is required to apply for the constitution of a federation.

In no case may a federation be constituted unless a guarantee fund is constituted at the same time.

1985, c. 17, s. 6; 1996, c. 63, s. 82; 1999, c. 40, s. 33.

1996-12-23

93.123. Only a mutual insurance association may be a founder of a federation.

A minimum of 12 mutual insurance associations is required to apply for the incorporation of a federation.

In no case may a federation be incorporated unless a guarantee fund is incorporated at the same time.

1985, c. 17, s. 6; 1996, c. 63, s. 82.

1985-09-11

93.123. Only a mutual insurance association may be a founder of a federation.

A minimum of 12 mutual insurance associations is required to apply for the incorporation of a federation.

In no case may a federation be incorporated unless a guarantee fund corporation is incorporated at the same time.

1985, c. 17, s. 6.