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LAW OF THE KYRGYZ REPUBLIC

of January 26, 2009 No. 31

About features of insurance in crop production

(as amended on 16-08-2021)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on December 12, 2008

The preamble voided according to the Law of the Kyrgyz Republic of 02.04.2016 No. 33

Article 1. The basic concepts used in this Law

1) the agent - the legal entity with absolute participation of the state determined by the Government of the Kyrgyz Republic for management of the funds allocated for support of insurance in crop production;

2) the appraiser (independent expert) - the physical person and legal entity performing on the basis of the contract with the authorized body determined by the Government of the Kyrgyz Republic, estimative activities;

3) complete death of crops - effects of impact of the adverse natural phenomena on crops in case of which costs for further cultivation and harvesting exceed the expected income from harvest;

4) the expected income from harvest - the income determined by the commission according to the technique approved by the Government of the Kyrgyz Republic;

5) the adverse natural phenomenon - the natural phenomenon (flood, hail, heavy rain, frosts, mudflow) from which death or damage of sowings of agricultural crops resulted and losses of products of crop production are allowed;

6) crop production - one of primary branches of agricultural industry including cultivation of crops by physical persons and legal entities;

7) the insurance contract in crop production (further - the insurance contract) - the agreement signed between the insurer and the insurer on the conditions determined by this Law and the Civil code of the Kyrgyz Republic;

8) crop production products - products received in the course of cultivation of crops (grain grains, corn on grain, haricots, sugar beet, cotton, tobacco, fruits);

9) ceased to be valid according to the Law of the Kyrgyz Republic of 02.04.2016 No. 33

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