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Insurance Companies Act

Version of section 617 from 2010-01-01 to 2024-03-06:


Marginal note:Lending limit — foreign property and casualty companies and foreign marine companies

 The total accepted value of the commercial loans and loans to natural persons vested in trust by a foreign property and casualty company, or a foreign marine company, shall not at any time exceed the prescribed percentage of the value of its assets in Canada.

  • 1991, c. 47, s. 617
  • 2007, c. 6, s. 292

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