Encyclopedia
Renewal of License Validity
Licence reinstatement — restoration of the right of an insurance entity to conduct activities for which a licence has been issued, in full volume1.
Federal Law No. 172-FZ dated December 10, 2003 "On Amendments and Additions to the Russian Federation Law 'On Organization of Insurance Activities in the Russian Federation' and on Annulment of Certain Legislative Acts of the Russian Federation" dated December 10, 2003, as amended on July 23, 2013, Article 4, paragraph 1#19 // RSZ RF. 2003. No. 50. Article 4858. ↩