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A-32 - Act respecting insurance
Section 93.57
Disposition versions
93.57. Any member who ceases to be a policyholder under a valid insurance contract undertaken with the mutual insurance association shall be excluded from the association.
The same applies in the case of a founder who fails to undertake an insurance contract with the mutual insurance association within one year after the date on which the licence of the association is issued.
93.57. A member may resign by applying in writing for the repayment of all his common shares.
The resignation of the member shall take effect from the receipt by the mutual insurance association of his application for repayment.
