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(5) certificate the extension of time
According to the provisions of paragraph 4 of, listed on the registration certificate or other authorized the various insurance as set out in the competent people do, approval foreign companies in Canada accept insurance of risks of command.
1991, C, 47, S, 573; 1997, C, 15, S, 300 (F)
574,, and the
(1) approval to application
According to the legal person other than in Canada established groups, including the association and the exchange, the proposed application, competent people approved by the minister, and to abide by this part of the other terms and conditions can issue orders, approval of the legal person group in Canada various risks insured.
(2) mutual benefits for the items except minister to be, or not to command the competent approved;
(a) legal person group has the power to make contributions to the Canadian financial system;
(b) if the application in Canada established by outside by the WTO member countries, the legal community residents control make, this law for the company enjoy preferential treatment in the legal person groups to business operation shall be under the jurisdiction of the existence or will be offered, no matter the legal person group is directly or through the subordinate company business.
1991, C, 47, S, 574; 1999, C, 28, S, 125
575,, and the
(1) the name of the disabled
Legal persons in the following names are engaged in insurance, or not make approval for its in Canada are engaged in insurance command:
(a) the name parliament banned by law;
(b) the competent people think that the name of a false statement;
(c) the name and have any trademark, trade name or legal person the same name or competent people think that substantially identical or similar to the easily confused, but several situations except;
(I) trademark or trade name is change, or the legal person is being disbanded or is a change in the name of the legal person;
(ii) has been with the requirements of the competent people to the competent people express a way agrees to use the trademark, trade name or the name of the legal person meaning;
(d) the name and any entity business use of the same name or confirmed famous or competent people think that substantially identical or similar to the easily confused;
(e) according to this law article 45 for the company or organization, or set up to the subsidiary companies or organizations keep the name.
(2) subsidiary company
Despite the provisions of paragraph 1 of this article, if the entity agree to use the name, and the legal person according to the provisions of paragraph 2, paragraph 6 of the spirit is attached to the entity, even though the name and the name of the entity same or substantially identical, the competent people who still may issue an order, approval of the legal person in Canada with risks from.
(3) to the supervisor statements
Based on the listed in paragraph 1 of this reason, but decided not to make a decision on approval before command, the supervisor shall be notified in written form shall be approved by the results, and giving legal persons and other interested parties to make statements of opportunity.
1991, C, 47, S, 575; 1996, C, 6, S; 1997, C, 15, S, 301;
576,
(1) a name change
According to the application for the foreign company, the competent people according to the provisions of paragraph 1 of article 575, can release further orders, change foreign companies engaged in insurance in the use of the name.
(2) meaning notice
In foreign company according to the provisions of paragraph 1 of this article to the competent people to change the name of the used when engaged in insurance before applying the foreign companies will have to get it to make application meaning in the Canadian gazette and foreign company main agency is located near the newspaper circulation or is located on a public announcement shall be continuous around, at least once a week.
1991, C, 47, S, 576; 1996, C, 6, S, 84;
577,
(1) for the name change of the instructions
If because of the careless, the approval by the competent foreign company and made by a person, be engaged in insurance in the Canada command listed in the name of engaged in insurance, the competent people can according to the power, the instructions of the foreign company engaged in insurance change its name to use when, the foreign company shall follow instructions.
(2) the name of the cancellation
If the competent people according to paragraph 1 foreign company engaged in insurance instructions change to use when name, since the guidance within 60 days from the date of service of the foreign company is still not will change the name of the ban the use of the name, the competent people can cancel the foreign companies engaged in insurance to use when name, at the same time for the assigned a name. The foreign company with the specified name should be engaged in insurance, according to article 576 of this law until a change in the name, paragraph 1.
1991, C, 47, S, 577; 1996, C, 6, S, 84;
578,
(1) the name of the French, English or other foreign language form
Foreign companies engaged in insurance to use when can name in English form, French form, English and French, English and French form of the combination of the form or in language other than English, French and this paragraph of the combination of the above form form, listed on the approval for its in Canada in the command of insurance.
(2) the release of names
Foreign company shall, according to the approved in Canada in the command of the insurance list of the name, to the form of plain, will the name written in all contract, insurance premium, insurance policy application, insurance policy notice, negotiable papers and other material. The rights and obligations of the parties of other materials by foreign companies issued or production, or on behalf of the foreign company.
(3) the continuation of registered name
According to the provisions of article 573 of the provisions of the paragraph 4 of the registration certificate issued by the authorized or any other list of the foreign company name, can be regarded as the name already listed in the approval issued by the competent people, the foreign company engaged in insurance in Canada in the command.
579,
(1) application
If according to the points provisions, apply for approval of the competent foreign company in Canada who engaged in insurance, the application must be submitted to the competent people, and according to the requirements of the competent people, and submit relevant materials, materials and evidence, including:
(a) the relevant legal persons of the articles of association of materials, such as the legal person is neither association, also not exchange, and shall include the established a copy of the documents, the copy must be established by the competent original documents the senior member of the proof.
(b) the competent people to form required to submit according to paragraphs 3 appointed in Canada's main agent granted authority of agency's material.
(c) to the supervisor in the form required to submit the financial situation and the legal person business situation of accept insurance of the report, and the supervisor of the legal person involved required solvency and perform the obligations of the additional ability reports and information.
(d) submit necessary evidence, so that the competent people that: according to the law of the state was founded, the legal person shall have the right to accept insurance covered in Canada would like to apply for the various kinds of risks.
(e) such as the human friendly welfare societies,
(I) shall be the competent people to the requirement of the form and submit the welfare of the community by friendly do actuaries actuarial assessment report. The report of the previous year before December 31 of property, or the competent people determine any later than the date of former property, for evaluation. At the same time, considering the expected responsibility and income of the friendly welfare societies of any one of the welfare funds control for the evaluation.
(ii) submit an actuary opinion, this opinion must show that the friendly welfare societies can be used for welfare fund property and is assessing the day when obtained from members, but because of the amount in the evaluation of the day and has effective insurance premium, membership fees and other income, enough to pay the fund all due debts, without deduction or reduced.
(f) involved in the legal person investment, insurance policy lender copy of the resolution, involving the legal person according to the provisions of article 615, paragraph 1 to establish and abide by the provisions of the standard and procedures of the copy of the resolution.
(2) the contents of the agency
6 of paragraph 1 of the agency must be referred to
(a) including main agency legal person address;
(b) express authorization of the main agent, according to a Canadian law is entitled to receive from minister or competent people all notices.
(3) the main agent of the appointment
Foreign company shall appoint in Canada has habitual residence of natural persons to its main agent, in order to achieve the purpose of this part of the provisions.
580,, and the
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