of October 6, 2015 No. 1356-IVQD
About modification of the Law of the Azerbaijan Republic "About insurance activity"
Being guided by Item 27 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:
The law of the Azerbaijan Republic "About insurance activity" (Collection of the legislation of the Azerbaijan Republic, 2008, No. 3, Article 144, No. 7, Article 602; 2009, No. 7, Article 517; 2011, No. 1, Article 11; 2013, No. 12, Article 1470; No. 7, Articles 771, of 779) to add 2014, with Article 118.4 of the following content:
"118.4. Sale of property of the insurer by open auction is performed no later than 30 days from the moment of the introduction in legal force of the judgment about the announcement of the insurer by insolvent.".
President of the Azerbaijan Republic
Ilham Aliyev
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