Hometime

Hometime · Alberta legislation

CPA Condominium Property Act

CPA · Insurance Act

Part 1 — Licensing of Insurers and Reciprocal Insurance Exchanges Subpart 1 Licensing of Insurers Insurer's Duty to be Licensed

56 Effect of cancellation or suspension

Current to 2026-05-14 · Official PDF

(1) When an insurer's licence is cancelled under this Subpart,
the insurer may carry on business in Alberta only to the extent that
it is necessary for the winding-up of its business in Alberta.
(2) When an insurer's licence is suspended under this Subpart, the
insurer may carry on business in Alberta only in accordance with
the terms and conditions of the suspension.
RSA 2000

(3) When a class of insurance has been deleted from an insurer's
licence under this Subpart, the insurer must cease to undertake or to
offer to undertake that class of insurance in Alberta.
1999 cI-5.1 s56