Article 15. Insurance Broker

On insurance activities (LRU-730-son) · Date: 23.11.2021 · In force

An insurance broker shall be defined as a legal entity that has a license to carry out activities to organize the conclusion and execution of an insurance contract in the name and on behalf of the insurant.

The activities of the insurance broker may not be combined with other types of insurance activities, except for the activities of a reinsurance broker.

The insurance broker shall not have the right to hold a share in the charter fund (charter capital) of the insurer.

The insurance broker shall provide services on the basis of an agreement concluded between it and the insurant.

Open in the readerWith colour highlights, notes, search and a test on the selected text.

All articles of the lawThis article in other languages:ru uz

Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6124730

The text is taken from lex.uz automatically and matches it in content: it is the same text, not a separate edition. It is given for educational and reference purposes and the content of the norms is not changed. It is not an official publication: for court, contracts and official answers check the current edition on lex.uz. About

About the site: NEOLEX (veoskill) is an educational project about the law of the Republic of Uzbekistan. It does not replace lex.uz; to the same texts it adds a separate address for every article, plain-word explanations, a glossary, tests and reading in three languages. Contact: Telegram @neovixar.

Cite as: Article 15. Insurance Broker On insurance activities (LRU-730-son). neolex.uz/en/laws/law-5739120/15 (lex.uz/docs/6124730)