360(1)The Superintendent may issue to a corporation that is incorporated expressly for the purpose of acting as an insurance agent, broker, adjuster or damage appraiser, a licence as an agent, broker, adjuster or damage appraiser, as the case may be.

360(2)Licences as agents or brokers shall not be issued to a corporation whose head office is outside Canada nor if it appears to the Superintendent that the application is made for the purpose of acting as agent or broker wholly or chiefly in the insurance of property owned by the corporation or by its shareholders or members or in the placing of insurance for one person, firm, corporation, estate or family.

360(3)Except as otherwise provided in this section, such licence, and the corporation and officers of the corporation named in the licence are subject to the provisions of this Act with respect to agents, brokers, adjusters and damage appraisers.

360(4)The licence shall specify the officers who may act thereunder in the name and on behalf of the corporation and every such officer shall file a statement or application and pay the fee required by this Act for individual agents, brokers, adjusters or damage appraisers.

360(5)The Superintendent may revoke or suspend a licence issued under subsection (1) as to the corporation or as to any officer of the corporation named in the licence.

360(5.1)A decision of the Superintendent to revoke or suspend a licence under subsection (5) may be appealed to the Tribunal within 30 days after the date of the decision.

360(5.2)Despite subsection (5.1), the Tribunal may extend the period for appealing a decision, before or after the expiration of the time, if it is satisfied that there are reasonable grounds for an extension.

360(6)Any corporation licensed under this section shall forthwith notify the Superintendent in writing of the dissolution or revocation of the charter of the corporation and upon receipt of such notice the Superintendent shall forthwith revoke the licence.

360(7)Every officer specified in the licence who commits an offence under this Act or the regulations is personally liable therefor, although the act or omission constituting the offence is committed in the name and on behalf of the corporation, and the corporation is liable for any such offence the responsibility for which cannot be placed upon any such officer.

360(1)The Superintendent may issue to a corporation that is incorporated expressly for the purpose of acting as an insurance agent, broker, adjuster or damage appraiser, a licence as an agent, broker, adjuster or damage appraiser, as the case may be.

360(2)Licences as agents or brokers shall not be issued to a corporation whose head office is outside Canada nor if it appears to the Superintendent that the application is made for the purpose of acting as agent or broker wholly or chiefly in the insurance of property owned by the corporation or by its shareholders or members or in the placing of insurance for one person, firm, corporation, estate or family.

360(3)Except as otherwise provided in this section, such licence, and the corporation and officers of the corporation named in the licence are subject to the provisions of this Act with respect to agents, brokers, adjusters and damage appraisers.

360(4)The licence shall specify the officers who may act thereunder in the name and on behalf of the corporation and every such officer shall file a statement or application and pay the fee required by this Act for individual agents, brokers, adjusters or damage appraisers.

360(5)The Superintendent may revoke or suspend a licence issued under subsection (1) as to the corporation or as to any officer of the corporation named in the licence.

360(5.1)A decision of the Superintendent to revoke or suspend a licence under subsection (5) may be appealed to the Tribunal within 30 days after the date of the decision.

360(5.2)Despite subsection (5.1), the Tribunal may extend the period for appealing a decision, before or after the expiration of the time, if it is satisfied that there are reasonable grounds for an extension.

360(6)Any corporation licensed under this section shall forthwith notify the Superintendent in writing of the dissolution or revocation of the charter of the corporation and upon receipt of such notice the Superintendent shall forthwith revoke the licence.

360(7)Every officer specified in the licence who commits an offence under this Act or the regulations is personally liable therefor, although the act or omission constituting the offence is committed in the name and on behalf of the corporation, and the corporation is liable for any such offence the responsibility for which cannot be placed upon any such officer.

360(1)The Superintendent may issue to a corporation that is incorporated expressly for the purpose of acting as an insurance agent, broker, adjuster or damage appraiser, a licence as an agent, broker, adjuster or damage appraiser, as the case may be.

360(2)Licences as agents or brokers shall not be issued to a corporation whose head office is outside Canada nor if it appears to the Superintendent that the application is made for the purpose of acting as agent or broker wholly or chiefly in the insurance of property owned by the corporation or by its shareholders or members or in the placing of insurance for one person, firm, corporation, estate or family.

360(3)Except as otherwise provided in this section, such licence, and the corporation and officers of the corporation named in the licence are subject to the provisions of this Act with respect to agents, brokers, adjusters and damage appraisers.

360(4)The licence shall specify the officers who may act thereunder in the name and on behalf of the corporation and every such officer shall file a statement or application and pay the fee required by this Act for individual agents, brokers, adjusters or damage appraisers.

360(5)The Superintendent may revoke or suspend a licence issued under subsection (1) as to the corporation or as to any officer of the corporation named in the licence.

360(5.1)A decision of the Superintendent to revoke or suspend a licence under subsection (5) may be appealed to the Tribunal.

360(6)Any corporation licensed under this section shall forthwith notify the Superintendent in writing of the dissolution or revocation of the charter of the corporation and upon receipt of such notice the Superintendent shall forthwith revoke the licence.

360(7)Every officer specified in the licence who commits an offence under this Act or the regulations is personally liable therefor, although the act or omission constituting the offence is committed in the name and on behalf of the corporation, and the corporation is liable for any such offence the responsibility for which cannot be placed upon any such officer.

360(1)Licences as agents, brokers, adjusters or damage appraisers may be issued to any corporation that is incorporated expressly for the purpose of acting as an insurance agent, broker, adjuster or damage appraiser.

360(2)Licences as agents or brokers shall not be issued to a corporation whose head office is outside Canada nor if it appears to the Superintendent that the application is made for the purpose of acting as agent or broker wholly or chiefly in the insurance of property owned by the corporation or by its shareholders or members or in the placing of insurance for one person, firm, corporation, estate or family.

360(3)Except as otherwise provided in this section, such licence, and the corporation and officers of the corporation named in the licence are subject to the provisions of this Act with respect to agents, brokers, adjusters and damage appraisers.

360(4)The licence shall specify the officers who may act thereunder in the name and on behalf of the corporation and every such officer shall file a statement or application and pay the fee required by this Act for individual agents, brokers, adjusters or damage appraisers.

360(5)A licence may be revoked or suspended as to the corporation or as to any officers named therein.

360(6)Any corporation licensed under this section shall forthwith notify the Superintendent in writing of the dissolution or revocation of the charter of the corporation and upon receipt of such notice the Superintendent shall forthwith revoke the licence.

360(7)Every officer specified in the licence who commits an offence under this Act or the regulations is personally liable therefor, although the act or omission constituting the offence is committed in the name and on behalf of the corporation, and the corporation is liable for any such offence the responsibility for which cannot be placed upon any such officer.

360(1)Licences as agents, brokers, adjusters or damage appraisers may be issued to any corporation that is incorporated expressly for the purpose of acting as an insurance agent, broker, adjuster or damage appraiser.

360(2)Licences as agents or brokers shall not be issued to a corporation whose head office is outside Canada nor if it appears to the Superintendent that the application is made for the purpose of acting as agent or broker wholly or chiefly in the insurance of property owned by the corporation or by its shareholders or members or in the placing of insurance for one person, firm, corporation, estate or family.

360(3)Except as otherwise provided in this section, such licence, and the corporation and officers of the corporation named in the licence are subject to the provisions of this Act with respect to agents, brokers, adjusters and damage appraisers.

360(4)The licence shall specify the officers who may act thereunder in the name and on behalf of the corporation and every such officer shall file a statement or application and pay the fee required by this Act for individual agents, brokers, adjusters or damage appraisers.

360(5)A licence may be revoked or suspended as to the corporation or as to any officers named therein.

360(6)Any corporation licensed under this section shall forthwith notify the Superintendent in writing of the dissolution or revocation of the charter of the corporation and upon receipt of such notice the Superintendent shall forthwith revoke the licence.

360(7)Every officer specified in the licence who contravenes any of the provisions of this Act is guilty of an offence and personally liable therefor, although such contravention is committed in the name and on behalf of the corporation, and the corporation is liable for any such contravention the responsibility for which cannot be placed upon any such officer.