465.13. If the Inspector General is of the opinion that the contributions which the municipalities are required to pay are no longer sufficient, in view of the obligations of the corporation, to maintain assets that exceed its liabilities for an amount equal to or greater than the minimum amount required under section 275 of the Act respecting insurance (chapter A-32), he may order the corporation, after giving it the opportunity to present observations, to increase the contributions by the amount and for the period he determines, so as to cover the operating costs of the corporation.
The municipalities are thereupon bound to pay the required contributions.
The order is deemed to be an order made under the Act respecting insurance.
1992, c. 27, s. 7; 1997, c. 43, s. 165.