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D-9.2 - Act respecting the distribution of financial products and services

Section 212
Disposition versions

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212. The Authority may, by regulation, determine
(1)  the conditions to be met by a damage insurance broker in order to be authorized to act as a special broker, and the documents and reports that the broker must send to the Authority;
(2)  the amount or method of calculating the security that the firm for which such a broker is acting must furnish to the Authority to secure the obligations of the outside insurers whose products are distributed by the broker;
(3)  the information that the broker must give to clients in writing before placing a risk.
1998, c. 37, s. 212; 2002, c. 45, s. 499; 2004, c. 37, s. 90.
212. The Agency may, by regulation, determine
(1)  the conditions to be met by a damage insurance broker in order to be authorized to act as a special broker, and the documents and reports that the broker must send to the Agency;
(2)  the amount or method of calculating the security that the firm for which such a broker is acting must furnish to the Agency to secure the obligations of the outside insurers whose products are distributed by the broker;
(3)  the information that the broker must give to clients in writing before placing a risk.
1998, c. 37, s. 212; 2002, c. 45, s. 499.
212. The Bureau may, by regulation, determine
(1)  the conditions to be met by a damage insurance broker in order to be authorized to act as a special broker, and the documents and reports that the broker must send to the Bureau;
(2)  the amount or method of calculating the security that the firm for which such a broker is acting must furnish to the Bureau to secure the obligations of the outside insurers whose products are distributed by the broker;
(3)  the information that the broker must give to clients in writing before placing a risk.
1998, c. 37, s. 212.
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