of November 29, 2007 No. 286-FZ
About mutual insurance
Accepted by the State Duma on November 7, 2007
Approved by the Federation Council on November 16, 2007
1. Mutual insurance - insurance of valuable interests of members of society of mutual insurance on mutual basis by consolidation in the society of mutual insurance of means necessary for this purpose.
2. Mutual insurance is performed by society of mutual insurance (further also - society).
3. The legal basis of mutual insurance the Civil code of the Russian Federation, the Law of the Russian Federation of November 27, 1992 constitute No. 4015-I "About the organization of insurance case in the Russian Federation", this Federal Law, other Federal Laws, other regulatory legal acts of the Russian Federation and regulations of the Central bank of the Russian Federation (further - the Bank of Russia).
Subject of regulation of this Federal Law are the relations on implementation of mutual insurance of valuable interests of members of society, and also establishment of features of legal status of society, conditions of its activities, the rights and obligations of members of society.
1. Mutual insurance is performed based on the insurance contracts signed between the society acting as the insurer and his members acting as insurers and rules of insurance or is direct based on the charter of society.
2. Only valuable interests connected with implementation of one type of insurance are subject to the mutual insurance performed directly based on the charter of society. In this case rules of insurance are integral part of the charter of society and shall determine similar conditions of mutual insurance for all members of society.
3. Society has the right to perform compulsory insurance and voluntary property insurance which in accordance with the legislation of the Russian Federation is condition of implementation of professional or business activity if such right is provided by the Federal Laws. Within thirty days after day of decision making about implementation of the specified voluntary property insurance society shall submit to body of insurance supervision the documents confirming compliance of the size of own means (capital) of society to the requirements provided by the paragraph the second Item 3.2 of article 25 of the Law of the Russian Federation of November 27, 1992 No. 4015-I "About the organization of insurance case in the Russian Federation".
4. Society shall in case of approach defined by the insurance contract and (or) rules of insurance of event (insured event) to make insurance payment to the member of society or to the beneficiary on conditions, according to the procedure and in terms which are established by the insurance contract and (or) rules of insurance.
5. Obligations of society on insurance payments (part of such obligations) can be transferred by society to reinsurance according to the procedure, No. 4015-I provided by the Law of the Russian Federation of November 27, 1992 "About the organization of insurance case in the Russian Federation". At the same time the overcautious person who assumed in reinsurance obligations of society on insurance payments (part of such obligations) cannot be the member of this society.
6. Society when implementing the activities has the right to attract on contractual basis of the organization, the experts, specialists and other persons having necessary knowledge and (or) work experience including in the field of insurance activity, actuarial activities, conducting financial accounting and creation of accounting (financial) records if other is not stipulated by the legislation the Russian Federation.
The objects of property insurance provided by items 4 - the 6th article 4 of the Law of the Russian Federation of November 27, 1992 No. 4015-I "About the organization of insurance case in the Russian Federation" can be subjects of mutual insurance.
1. Society of mutual insurance is type of consumer cooperative and is created for implementation of mutual insurance according to this Federal Law.
2. Founders of society can be at least five physical and (or) legal entities who make the decision on organization of society, approve the charter of society and other documents of society, create governing bodies of society and control facility of society. Decisions on organization of society and approval of its charter are accepted by all founders of society unanimously and are drawn up by the protocol. Decisions on forming of governing bodies of society, control facility of society, and also on approval of other documents of society are accepted by the majority at least three quarters of voices of total number of voices of founders of society and are drawn up by the protocol.
3. Founders of society become his members from the date of state registration of society.
4. Society can be created also as a result of reorganization of the existing societies of mutual insurance in accordance with the legislation of the Russian Federation.
5. The number of members of society cannot be less than five physical and (or) legal entities.
6. Data on societies are subject to entering into the unified state register of subjects of insurance case.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.