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A-32 - Act respecting insurance

Section 93.45
Disposition versions

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93.45. In case of the death or expulsion of a member, a mutual insurance association shall repay the sums that have been paid to obtain common shares to his name.
At the request of a member, and on the conditions prescribed in the by-laws of the association, a mutual insurance association may repay to the member the sums paid to obtain common shares to his name.
1985, c. 17, s. 6; 1996, c. 63, s. 11.
93.45. In case of the death, resignation or expulsion of a member, a mutual insurance association shall repay the sums that have been paid to obtain common shares to his name.
At the request of a member, and on the conditions prescribed in the by-laws of the association, a mutual insurance association may repay to the member the sums paid to obtain common shares to his name other than qualifying shares.
1985, c. 17, s. 6.
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