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C-39 - Act respecting certain mutual companies of insurance against fire, lightning and wind

Section 11
Disposition versions

Full text
11. The council is entitled, on behalf of the corporation, as indemnity for all costs incurred in the management of the company, including the salary of the secretary-treasurer and the amount to be paid to the county corporation or regional county municipality for the work of its assessor, to such amount as it may deem reasonable, but which shall in no case exceed ten per cent of the amount collected by it for the company.
R. S. 1964, c. 295, s. 50; 1979, c. 72, s. 328.
11. The council shall be entitled, on behalf of the corporation, as indemnity for all costs incurred in the management of the company, including the salary of the secretary-treasurer and that of the assessors, to such amount as it may deem reasonable, but which shall, in no case, exceed ten per cent of the amount collected by it for the company.
R. S. 1964, c. 295, s. 50.
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