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Insurance Companies Act

Version of section 726 from 2003-01-01 to 2007-04-19:

Marginal note:Transferring to other Acts

  •  (1) An insurance holding company may, with the approval in writing of the Minister, apply to be continued as a body corporate under any other Act of Parliament or any Act of the legislature of a province.

  • Marginal note:Conditions for approval

    (2) No approval referred to in subsection (1) may be given to an insurance holding company unless the Minister is satisfied that the application of the insurance holding company has been authorized by a special resolution.

  • 1991, c. 47, s. 726
  • 2001, c. 9, s. 465

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