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Article 27

IA-BOD-RES 9/2011 Effective from 4/12/2011
  1. The Health Insurance TPA Company must regularize its conditions within a period no longer than three months from the next day following the date of publication.
     
  2. Without prejudice to the procedures provided for in the Commercial Companies Law, in case of voluntary liquidation of a Health Insurance TPA Company, such liquidation must be made under the supervision of the IA. However, mandatory liquidation shall be made under the supervision of the courts.