Bill ID 2350 (Legislature 23, Session 1)

L23 S1 2350

Alberta — Bills

1993 BILL Pr12 First Session, 23rd Legislature, 42 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL Pr12 FIRST CANADIAN INSURANCE CORPORATION AMENDMENT ACT, 1993 MR. HLADY First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1993 (23rd, 1st) Bill Pr12, First Canadian Insurance Corporation Amendment Act, 1993 Bill Pr12 Mr. Hlady BILL Pr12 FIRST CANADIAN INSURANCE CORPORATION AMENDMENT ACT, 1993 (Assented to , 1993) WHEREAS the First Canadian Insurance Corporation was incorporated by the First Canadian Insurance Corporation Act, being

chapter of the Statutes of Alberta, 1987; and WHEREAS a petition has been presented praying that the Act be amended 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 First Canadian Insurance Corporation Act is amended by this Act. 2

Section of the First Canadian Insurance Corporation Act is amended by deleting the figure of "$5 000 000" and substituting "$20 therefor. 1 Explanatory Notes This Amendment Act increases the maximum capital stock of the corporation. 2

Section presently reads: 3 The capital stock of the corporation shall be $2 000 000.00 which may be increased from time to time but may not exceed $5 000 000.00 divided into shares of $10 each. 1 Title: 1993 (23rd, 1st) Bill Prl2, First Canadian Insurance Corporation Amendment Act, 1993

Document details

Collection	Alberta — Bills
Citation	L23 S1 2350
Type	bill
Volume / chapter	L23 S1 2350
Language	en
Format	json
Source	PROVINCIAL
Identifier	25bf08b76d61bb096d36e4c9472824d531181a49

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