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

91 Annual return

Current to 2026-05-14 · Official PDF

(1) Every licensed reciprocal insurance exchange must file an
annual return for each calendar year within the time period
specified in subsection (2) that meets the requirements of
subsection (3).
(2) The annual return for a calendar year must be filed by the last
day of the following February.
(3) The annual return must
(a) set out the name of the r eciprocal insurance exchange and
the name and address of its principal attorney and of its
attorney for service,
(b) set out the financial information required by the Minister
that is audited in a manner that is satisfactory to the
Minister,
(c) set out any other information considered necessary by the
Minister, and
(d) be signed by the principal attorney and at least 2 members
of the advisory board or committee of subscribers of the
reciprocal insurance exchange.
RSA 2000

(4) If, in the Minister's opinion, an annual return prepared by a
reciprocal insurance exchange for another jurisdiction meets the
requirements of subsection (3), the exchange may file that return to
satisfy the requirements of subsection (1).
1999 cI-5.1 s91