158. A reserve may be declared invalid if the person establishing it does not have the power to do so or if the procedure for establishing a reserve provided for in Title II has not been complied with.
Despite the first paragraph, a reserve may not be declared invalid if the person establishing it has remedied the reason for invalidity by making the required corrections to any errors in writing or calculation, or any other clerical error.
2023, c. 272023, c. 27, s. 158.