Acts and Regulations

I-12 - Insurance Act

Full text
Repealed
63Repealed: 2013, c.31, s.20
1968, c.6, s.63; 2013, c.31, s.20
Administration of deposit
63If a claim is made after the completion of the distribution of the proceeds of the deposit and the discharge of the receiver, or if there is a claim against the insurer by an insured person not fully paid by the distribution of the proceeds of the deposit, the claimant is not barred from any recourse he may have against the insurer, and his claim shall be a first lien or charge on the assets of the insurer in winding-up.
1968, c.6, s.63