Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Insurance Act

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

36 Prohibited activities

Current to 2026-05-14 · Official PDF

(1) Except as permitted under this Act and the regulations, no
licensed insurer may
(a) carry on business as an information management
corporation as defined in the regulations, except in relation
to the main business of an insurer;
(b) carry on business as a financial leasing corporation as
defined in the regulations;
(c) accept deposits;
RSA 2000

(d) carry on the business of offeri ng services to the public as or
accepting or executing the office of
(i) executor or administ rator or trustee, or
(ii) guardian or trustee of a mino r's estate or of the estate of
a mentally incompetent person;
(e) carry on any other activity that is prescribed for the purposes
of this subsection.
(2) Nothing in this section prevents a subsidiary of a insurer from
engaging in the activities described in subsection (1).
1999 cI-5.1 s36