of September 11, 2020 No. 183
About subsidized insurance in agricultural industry
The Parliament adopts this organic law.
(1) the Purpose of this law are stimulation of farmers to insurance of the valuable interests upon the risks relating to agricultural activities and protection of these interests in the course of insurance of industrial hazards in agricultural industry.
(2) This law governs the relations between insurers and farmers arising in the course of insurance in agricultural industry and also the relations which are established between them, on the one hand, and bodies of public management, on the other hand, in connection with subsidizing of insurance premiums by the state.
Subsidized insurance in agricultural industry (further - insurance in agricultural industry) is performed according to provisions of this law. The situations which are not regulated by this law are regulated by the Civil code and the Insurance law No. 407/2006.
(1) Subjects of the insurance relations in agricultural industry are the insurer, the insurer, the beneficiary of insurance, and also the state regarding subsidizing of insurance premiums in agricultural industry.
(2) the farmer determined by the Law on subsidizing of agricultural industry and the rural zone No. 71/2023, which insured the present and future agricultural property can act as the insurer.
(3) Object of insurance is the agricultural property which is in civil circulation concerning which prohibitions or restrictions are not established by the law and which is regulated by this law.
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