Part 2 — Provincial Companies Subpart 1 Status and Powers of Provincial Companies
209 Division 12 Dissolution and Revival of Mutual Provincial Companies Insolvent mutual provincial companies
company that is insolvent within the meaning of that term in the
Winding-up and Restructuring Act (Canada).
(2) Any proceedings taken under this Division to dissolve or to
liquidate and dissolve a mutual provincial company must be stayed
if the company is at any time found to be insolvent within the
meaning of that term in the Winding-up and Restructuring Act
(Canada).
1999 cI-5.1 s209