Insurance Companies Act
Version of section 581 from 2007-04-20 to 2012-05-23:
Marginal note:Conditions for order
581 (1) The Superintendent shall not make an order under subsection 574(1) in respect of a foreign entity until it has been shown to the satisfaction of the Superintendent that all relevant requirements of this Act have been complied with and that the foreign entity has
(a) vested in trust assets having a prescribed value;
(b) appointed an actuary under section 623 and an auditor under section 633; and
(c) established its chief agency.
Marginal note:Conditions of order
(2) The order may contain any conditions or limitations that are consistent with this Act and that the Superintendent considers appropriate.
- 1991, c. 47, s. 581
- 2005, c. 54, s. 299
- 2007, c. 6, s. 265
- Date modified: