14 of 20 Section 11 of the Registered Insurance Brokers Act authorizes the passing of by-laws relating to the administrative and domestic affairs of the Corporation. Who is authorized to pass these by-laws? The Manager of RIBO. The Lieutenant Governor in Council.
14 of 20 Section 11 of the Registered Insurance Brokers Act authorizes the passing of by-laws relating to the administrative and domestic affairs of the Corporation. Who is authorized to pass these by-laws? The Manager of RIBO. The Lieutenant Governor in Council.
Related questions
Question
Pls help ASAP
Expert Solution
Step 1: Introduction:
Section 11 of the Registered Insurance Brokers Act grants the authority to pass by-laws related to the administrative and domestic affairs of the Corporation. This legislation governs the operations and regulations of insurance brokers in Ontario, Canada. The by-laws play a crucial role in ensuring the smooth functioning and compliance of the Registered Insurance Brokers of Ontario (RIBO), which is the regulatory body overseeing insurance brokers in the province.
Step by step
Solved in 3 steps