The legal framework regulating the functioning of the Policyholders Guarantee Fund is provided by the following legislation:
– Law no. 213/2015 on Policyholders Guarantee Fund;
– Norm no.24/2019 on Policyholders Guarantee Fund;
– Law no. 503/2004 on financial recovery, bankruptcy, dissolution and voluntary liquidation in insurance activity, republished, with subsequent amendments;
– Law no. 85/2014 on insolvency prevention procedures and insolvency;
– Law no. 136/1995 on insurance and reinsurance in Romania, with subsequent amendments;
– Civil Code – (Law no. 287/2009, republished).