Insurance Companies Act
Marginal note:Mandatory solicitation
788 (1) Subject to subsection 768(2) and subsection (2), the management of an insurance holding company shall, at the same time as they send notice of a meeting of shareholders, send a form of proxy in prescribed form to each shareholder entitled to receive notice of the meeting under section 767.
(2) If an insurance holding company has fewer than fifteen shareholders, the management of the insurance holding company is not required to send a form of proxy to the shareholders under subsection (1). For the purpose of this subsection, two or more joint shareholders are counted as one shareholder.
- 2001, c. 9, s. 465
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