Insurance Companies Act
Version of section 582 from 2012-05-24 to 2024-06-19:
Marginal note:Permissible securities
582 (1) The assets of a foreign entity to be vested in trust under paragraph 581(1)(a) are to consist of unencumbered securities of or guaranteed by Canada or a province.
Marginal note:Other permissible securities
(2) Those assets may also consist of other securities at the accepted value and on the conditions established by the Superintendent.
- 1991, c. 47, s. 582
- 2007, c. 6, s. 266(E)
- 2012, c. 5, s. 145(E)
- Date modified: