A-32 - Act respecting insurance

Section 93.194 Disposition versions

2008-05-28

93.194. (Repealed).

1985, c. 17, s. 6; 1996, c. 63, s. 82; 2008, c. 7, s. 27.

1996-12-23

93.194. After receiving the report provided for in section 386, the Government may in respect of both the federation and the guarantee fund decide to

(1)  cancel the suspension of the members of the board of directors;

(2)  maintain the suspension of the members of the board of directors until the holding of a special meeting of the members, and order the holding of the election of the members of the board;

(3)  order, on the conditions it determines, their winding-up and appoint a liquidator;

(4)  order the provisional administrator to extend his administration for the period determined by the Minister;

(5)  terminate the provisional administration.

Any order made under this section must be the subject of a notice published as soon as possible in the Gazette officielle du Québec.

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

1985-09-11

93.194. After receiving the report provided for in section 386, the Government may in respect of both the federation and the guarantee fund corporation decide to

(1)  cancel the suspension of the members of the board of directors;

(2)  maintain the suspension of the members of the board of directors until the holding of a special meeting of the members, and order the holding of the election of the members of the board;

(3)  order, on the conditions it determines, their winding-up and appoint a liquidator;

(4)  order the provisional administrator to extend his administration for the period determined by the Minister;

(5)  terminate the provisional administration.

Any order made under this section must be the subject of a notice published as soon as possible in the Gazette officielle du Québec.

1985, c. 17, s. 6.