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.
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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.
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