Special forces association chapter lxxxviii11/22/2023 LXXXVIII of 2014 on the insurers and the insurance business (hereinafter referred to as „Bit”). the details of information duties of the insurer and the common rules of mandatory insurance contracts) may also be found in the supervisory law – now the Law Nr. LXII of 2009 (hereinafter referred to as „Gfbt”), in many aspects built on different principles than the CC, whereas some rules of private law nature (e.g. Mandatory third-party motor liability insurance – a quite important part of the insurance market – is regulated separately by the Law Nr. It is necessary to note, however, that Title XXII of the CC provides only the main body of insurance contract rules. This Title is constituted by the following structure:Ĭhapter LXII – The general rules of the contract of insurance V of 2013, the new Civil Code (hereinafter referred to as „CC”), in Title XXII on the contracts of insurance (sections 6:439 to 6:490). The respective regulation now is to be found in Book Six – on the Law of Obligations – of the Law Nr. The recent reform of insurance contract law also took place in the frames of the re-codification of the Civil Code. IV of 1959 (hereinafter referred to as „1959 CC”) – sections 536 to 567 – on the contract of insurance. Earlier, the rules were provided by Chapter XLV of the Law Nr. In Hungary, insurance contract law has traditionally been regulated by the Civil Code. Takáts Péter: On the Reform of Hungarian Insurance Contract Law*
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