ARMENIAN PARLIAMENT ADOPTS LAW ON MANDATORY VEHICLE INSURANCE

PanARMENIAN.Net
May 18, 2010

On May 18, the Armenian parliament adopted the law on mandatory
vehicle insurance.

According to the law, the mandatory vehicle insurance will be
enacted in Armenia on January 1, 2011, PanARMENIAN.Net parliamentary
correspondent reported.

Meanwhile, a bureau of companies to be established by the Central
Bank of Armenia will be regulating the mandatory insurance procedure.