Information statement
The member state that controls the insurance activity of the company is Spain and the controlling authority is the Directorate General for Insurance and Pension Funds of the Ministry of Economy and Treasury.
The legislation applicable to the contract is the Insurance Contracts Acts 50/80 of 8 October; the revised text of the Regulation and Supervision of Private Insurance Act, approved by Legislative Royal Decree 6/2004; the revised text of the Motor Vehicle Transit Liability and Insurance Act, approved by Legislative Royal Decree 8/2004; and their respective implementing regulations.
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