Life Insurance Corporation Act,1956 |
Act No : 31 of 1956 |
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Contents of Act: |
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SECTION( 24. ) Funds of the Corporation. | |
SECTION( 25. ) Audit. | |
SECTION( 26. ) Actuarial valuations. | |
SECTION( 27. ) Annual report of activities of Corporation. | |
SECTION( 28. ) Surplus from life insurance business how to be utilized. | |
SECTION( 28A. ) Profits from any business (other than life insurance business) how tobe utilized. | |
SECTION( 29. ) Reports to be laid before Parliament. | |
SECTION( CHAP ) MISCELLANEOUS | |
SECTION( 30. ) Corporation to have the exclusive privilege of carrying on lifeinsurance business. | |
SECTION( 31. ) Exception in the case of insurance business in respect of personsresiding outside India. |