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A-32 - Act respecting insurance
Section 93.8
Disposition versions
93.8. A mutual insurance association which voluntarily ceases to be a member of a federation or is expelled by the federation shall, within sixty days following the confirmation of the resolution or following its expulsion by the federation, pass a by-law or resolution, as the case may be, to affiliate with another federation, apply for the constitution of a new federation, amalgamate with a mutual insurance association, convert into a mutual damage-insurance company or wind up.
93.8. A mutual insurance association which voluntarily ceases to be a member of a federation or is expelled by the federation shall, within sixty days following the confirmation of the resolution or following its expulsion by the federation, pass a by-law or resolution, as the case may be, to affiliate with another federation, apply for the incorporation of a new federation, amalgamate with a mutual insurance association, convert into a mutual damage-insurance company or wind up.
