Part 1 — Licensing of Insurers and Reciprocal Insurance Exchanges Subpart 1 Licensing of Insurers Insurer's Duty to be Licensed
21 Names
the requirements of section 211(1) and the regulations under
section 212.
(2) Subject to this Act and the regulations, an insurer may be
licensed with a name in an English form, a French form, an English
form and a French form or a combined English and French form,
and it may be legally designated in Alberta by any such name.
(3) Where an insurer has a name that contravenes subsection (1),
the Minister may license the insurer if it undertakes either to
change its name to a name that does not contravene subsection (1)
or to carry on business in Alberta under a name that does not
contravene subsection (1).
(4) Where, through inadvertence or otherwise, an insurer becomes
licensed with a name that contravenes subsection (1), the Minister
may order as a condition of being licensed that the insurer carry on
business under a name specified in the order.
1999 cI-5.1 s21
22 Repealed 2005 c27 s7.