Part 1 — Licensing of Insurers and Reciprocal Insurance Exchanges Subpart 1 Licensing of Insurers Insurer's Duty to be Licensed
83 Property insurance
exchange that authorizes the exchange to undertake property
insurance unless the Minister is satisfied that the exchange has
bona fide applications for reciprocal contracts for at least the
prescribed number of separate property insurance risks in Alberta
or elsewhere and for at least the prescribed aggregate amount.
RSA 2000 cI-3 s83;2008 c19 s18