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A-32 - Act respecting insurance

Section 93.224
Disposition versions

Full text
93.224. The capital of a guarantee fund shall consist of the amounts paid by each member as its participation in the capital.
The capital shall be equal to or greater than the amount determined by the Authority at the time of constitution of the guarantee fund or any other amount determined by the Authority whenever considered necessary.
In no case may the amount of the capital determined by the Authority be touched except in case of the winding-up or dissolution of a member of the guarantee fund.
1985, c. 17, s. 6; 1996, c. 63, s. 81; 1999, c. 40, s. 33; 2002, c. 70, s. 56; 2002, c. 45, s. 243; 2004, c. 37, s. 90.
93.224. The capital of a guarantee fund shall consist of the amounts paid by each member as its participation in the capital.
The capital shall be equal to or greater than the amount determined by the Agency at the time of constitution of the guarantee fund or any other amount determined by the Agency whenever considered necessary.
In no case may the amount of the capital determined by the Agency be touched except in case of the winding-up or dissolution of a member of the guarantee fund.
1985, c. 17, s. 6; 1996, c. 63, s. 81; 1999, c. 40, s. 33; 2002, c. 70, s. 56; 2002, c. 45, s. 243.
93.224. The capital of a guarantee fund shall consist of the amounts paid by each member as its participation in the capital.
The capital shall be equal to or greater than the amount determined by the Inspector General at the time of constitution of the guarantee fund or any other amount determined by the Inspector General whenever he considers it necessary.
In no case may the amount of the capital determined by the Agency be touched except in case of the winding-up or dissolution of a member of the guarantee fund.
1985, c. 17, s. 6; 1996, c. 63, s. 81; 1999, c. 40, s. 33; 2002, c. 70, s. 56.
93.224. The capital of a guarantee fund shall consist of the amounts paid by each member as its participation in the capital.
The capital shall be equal to or greater than the amount determined by the Inspector General at the time of constitution of the guarantee fund or any other amount determined by the Inspector General whenever he considers it necessary.
In no case may the capital be touched except in case of the winding-up or dissolution of a member of the guarantee fund.
1985, c. 17, s. 6; 1996, c. 63, s. 81; 1999, c. 40, s. 33.
93.224. The capital of a guarantee fund shall consist of the amounts paid by each member as its participation in the capital.
The capital shall be equal to or greater than the amount determined by the Inspector General at the time of incorporation of the guarantee fund or any other amount determined by the Inspector General whenever he considers it necessary.
In no case may the capital be touched except in case of the winding-up or dissolution of a member of the guarantee fund.
1985, c. 17, s. 6; 1996, c. 63, s. 81.
93.224. The capital of a corporation shall consist of the amounts paid by each member as its participation in the capital.
The capital shall be equal to or greater than the amount determined by the Inspector General at the time of incorporation of the corporation or any other amount determined by the Inspector General whenever he considers it necessary.
In no case may the capital be touched except in case of the winding-up or dissolution of a member of the corporation.
1985, c. 17, s. 6.
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