Bill ID 3780 (Legislature 20, Session 1)

L20 S1 3780

Alberta — Bills

1983 BILL PR 4 First Session, 20th Legislature, 32 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL PR 4 MENNONITE MUTUAL RELIEF INSURANCE COMPANY AMENDMENT ACT, 1983 MR. OMAN First Reading Second Reading Committee of the Whole Third Reading Royal Assent

Bill PR 4 Mr. Oman BILL PR 4 1983 MENNONITE MUTUAL RELIEF INSURANCE COMPANY AMENDMENT ACT, 1983 (Assented to , 1983)

WHEREAS the Mennonite Mutual Relief Insurance Co. Ltd. was incorporated by The Mennonite Mutual Relief Insurance Company Act, being

chapter 122 of the Statutes of Alberta, 1960 which was amended by

chapter 91 of the Statutes of Alberta, 1976; and

WHEREAS the Mennonite Mutual Relief Insurance Co. Ltd. has presented a petition praying for further amendments as hereinafter set forth and it is expedient to grant the prayer of the petition; THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Mennonite Mutual Relief Insurance Company Act is amended by this Act. 2

Section 4 is repealed and the following is substituted: 4 The Company may, through policies of insurance, undertake to indemnify persons who are members of the Mennonite Church living in Alberta, or such other persons living in Alberta of like faith as may be designated by the directors, against: (

a) loss or damage to property through fire, lightning or explosion due to ignition; (

b) loss or damage arising by burglary, housebreaking, rob bery, theft or malicious damage; (

c) loss or damage to crops caused by hail; (

d) loss or damage to property through windstorm, cyclone, tornado, rain, hail, flood or frost; 1

Explanatory Notes 1 This Bill wiU amend

chapter 122 of the Statutes of Alberta,

Section 4 presendy reads: 4. The Company may make contracts of insurance with members of the Mennonite Church living in Alberta, or such other persons of like faith as approved by the Board of Directors, and living in Alberta, which policies shall be in the nature of relief from disaster arising from fire damage, smoke damage, water damage arising from fire. and hail and windstorm damage to the following risks: urban dwellings and contents, commercial enterprises, farm buildings, farm home contents, automo biles, trucks, farm machinery, livestock, poultry and grain, hay and other farm products situate and within the Province of Alberta, and owned by such Mennonite or other persons.

(

e) loss or damage through the death or sickness of, or acci dent to, an animal; (

f) liability for loss or damage to persons or property arising from accidental causes; and (

g) liability for loss or damage to persons or property falling within the category of "public liability insurance" and "employers liability insurance" as defined in the Insurance Act. 3

Section 9(1) is amended by striking out "six" arui substituting "four". 4

Section 11 is amended by striking out "donated to a charitable cause" and substituting "donated to the Mennonite Central Com mittee (Alberta) or to one or more other Canadian charities or to any combination thereof.'' In accordance with

section 4(1) of the

Interpretation Act, this Bill comes into force on the date it receives Royal Assent.

3 Secdon 9(1) presendy reads: 9.

(1) Notice of every annual or special general meeting of the Company shall be sent by mail to each Mennonite Church which has one or more members who are policyholders, at least six weeks prior to the date of the meeting, giving the date, place and time of meeting, and such notice shall be posted on the bulletin board of each Church. 4 Secdon 11 presendy reads: 11.

In the event of the winding up of the Company, if the assets on hand at the dte of winding up, exclusive of the unearned portion of the premium notes of the policyholders on the mutual system, are insufficient to pay all the liabilities of the Company in full, an assessment shall be made on the said policyholders in respect of their premium notes to an amount not exceeding the unpaid balance of such notes but in the event there is a surplus remaining after paying all liabilities, such surplus shall be donated to a charitable cause as determined at an annual meeting.

Title: 1983 (20th, 1st) Bill Pr4, Mennonite Mutual Relief Insurance Company Amendment Act, 1983

Document details

Collection	Alberta — Bills
Citation	L20 S1 3780
Type	bill
Volume / chapter	L20 S1 3780
Language	en
Format	json
Source	PROVINCIAL
Identifier	0c319e3d26b51487eb2a3d5be5f742af093c275d

Source file is stored in the law ingest library (json).