Article 14. The procedure for mutual insurance by the Company of the Law on Mutual Insurance

Home / RLA / Article 14. The procedure for mutual insurance by the Company of the Law on Mutual Insurance

1. The activities of the mutual insurance company are carried out in accordance with this Law.

2. The Company provides mutual insurance of the property interests of its members by concluding an insurance contract.

3. The general conditions under which mutual insurance is carried out are defined in the rules of mutual insurance that comply with the requirements of Article 825-1 of the Civil Code of the Republic of Kazakhstan.

4. The rules of mutual insurance should be submitted for review to persons wishing to join the company.

The Law of the Republic of Kazakhstan dated July 5, 2006 No. 163.

This Law regulates public relations related to the implementation of mutual insurance and establishes the legal basis for the activities of mutual insurance companies.

President

Republic of Kazakhstan

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