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Insurance Companies Act

Version of section 656 from 2021-06-30 to 2022-09-22:


Marginal note:Application of other provisions

  •  (1) Divisions XII to XIV of Part VI, other than subsection 330(2), Parts VIII to XI and Part XX apply to provincial companies.

  • Marginal note:Idem

    (2) Subsections 15(1) and (2), sections 254 to 256 and subsections 268(1) and (2) apply, with such modifications as the circumstances require, to every provincial company for which an order for the commencement and carrying on of business under this Part has been made to the same extent that they are applicable to, or in respect of, a company, but to the extent to which any provision referred to in this section would effect an enlargement, in any respect, of the corporate powers or rights of any provincial company under its incorporating instrument, that provision does not apply to the provincial company.

  • 1991, c. 47, s. 656
  • 2005, c. 54, s. 303
  • 2020, c. 1, s. 178
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