TERMIUM Plus®

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FUNDS CONTROL ACT [1 record]

Record 1 1994-11-17

English

Subject field(s)
  • Insurance Companies
CONT

No order approving the commencement and carrying on of business of a society shall be made if... funds of the society are under the control of persons not periodically elected by members of the society... [Insurance Companies Act].

French

Domaine(s)
  • Sociétés mutualistes et d'assurance
CONT

L'ordonnance d'agrément ne peut être délivrée à la société de secours [...] dont les biens ou capitaux sont contrôlés par des personnes non élues périodiquement par les membres de la société [...] [Loi sur les sociétés d'assurance].

Spanish

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