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Insurance Companies Act

Version of section 652 from 2003-01-01 to 2009-12-31:


Marginal note:Superintendent may release

 After the day specified in the notice referred to in section 651, the Superintendent may authorize the release to the foreign company of its assets in Canada, if the Superintendent is satisfied that the foreign company has discharged or provided for the discharge of all of its obligations in Canada, including its liabilities under its policies in Canada.


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