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Insurance Companies Act

Version of section 582 from 2012-05-24 to 2024-11-26:


Marginal note:Permissible securities

  •  (1) The assets of a foreign entity to be vested in trust under paragraph 581(1)(a) are to consist of unencumbered securities of or guaranteed by Canada or a province.

  • Marginal note:Other permissible securities

    (2) Those assets may also consist of other securities at the accepted value and on the conditions established by the Superintendent.

  • 1991, c. 47, s. 582
  • 2007, c. 6, s. 266(E)
  • 2012, c. 5, s. 145(E)

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