Section 30: Activities of insurers

Insurance Rules, 1939Central Rules · 1938

(1) An insurer may do all actsnecessary for making investments permissible under the Act for theprotection of such investments and for the realisation of suchinvestments and may in that connection take over and administermortgaged property until a suitable occasion arises for its disposal.

(2) An insurer carrying on general insurance business may act asthe manager in charge of a branch office of another insurer inrespect of general insurance business.

Where this provision sits

Act	Insurance Rules, 1939
Section	30
Marginal note	Activities of insurers
Jurisdiction	Central
Status	In force as published by the source

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