NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS ACT

Section 26: Exceptions.

2003Section 26 of 35Federal Republic of Nigeria

(1) Where a practising Insurance Broker dies, the Council may, during the period of three months beginning from his death or such period direct that section 25 shall not operate to prevent his personal representatives, his surviving spouse or any of his children from taking or using in relation to his business, but in conjunction with the name in which he carried on, any title which he was entitled to take or use immediately before his death.
(2) Where a practising Insurance Broker becomes bankrupt, the Council may during the period of three months beginning from the time of bankruptcy or such other period direct, that section 25 shall not operate to prevent his trustee or assignee in bankruptcy from taking or using in relation to his business, but in conjunction with the name in which he carried on, any title which he was entitled to take or use immediately before the bankruptcy.

Cite this section

Section 26, NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS ACT (2003).

https://repo.podus.ai/laws/nigerian-council-of-registered-insurance-brokers-act/section/26/