Acts and Regulations

I-12 - Insurance Act

Full text
Special assessment or assessments
297In the event of an epidemic or other similar contingency impairing the funds of a society, the governing executive authority of the society may with the approval of the Superintendent impose a special assessment or special assessments upon the members or upon such class or classes thereof and with such incidence as in its opinion is deemed necessary and equitable, and such special assessment or assessments are binding on the members of the society.
1968, c.6, s.294