2554. A warranty shall be exactly complied with whether or not it may materially influence the judgment of an insurer.
Where a warranty is not so complied with, the insurer is discharged from liability as from the time of the breach of warranty with respect to any loss which occurs subsequently; the insured may not avail himself of the defence that the breach has been remedied, and the warranty complied with, before the loss.
1991, c. 64, a. 2554; I.N. 2014-05-01; I.N. 2015-11-01.