277.Despite section 138 of the Business Corporations Act (chapter S-31.1), the quorum at a meeting of the board of directors of an insurance company may not be less than the majority of the directors in office. Similarly, the quorum at a meeting of the board of directors of an insurance association may not be less than that majority.
2018, c. 23, s. 32018, c. 23, s. 3; 2024, c. 152024, c. 15, s. 561.
277.Despite section 138 of the Business Corporations Act (chapter S-31.1), the quorum at a meeting of the board of directors of an insurance company may not be less than the majority of the directors in office.
277.Despite section 138 of the Business Corporations Act (chapter S-31.1), the quorum at a meeting of the board of directors of an insurance company may not be less than the majority of the directors in office.