Règlement grand-ducal du 11 novembre 2003 relatif au fonctionnement du Fonds de garantie automobile. | http://data.legilux.public.lu/eli/etat/leg/rgd/2003/11/11/n1/jo — Luxembourg law | Esheria

Règlement grand-ducal du 11 novembre 2003 relatif au fonctionnement du Fonds de garantie automobile.

This preamble identifies the regulation on the operation of the Automobile Guarantee Fund and lists its chapters.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Regulation
Citation
http://data.legilux.public.lu/eli/etat/leg/rgd/2003/11/11/n1/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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accident compensation appointments audit reporting auditor appointment board decisions board governance board meetings board powers claims claims handling claims notification claims recovery claims reimbursement claims reserve settlement compensation claims complaints corporate governance damage compensation data storage employee management financial reporting fund administration fund contributions fund financing +31 more

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Statute overview

About this statute

This preamble identifies the regulation on the operation of the Automobile Guarantee Fund and lists its chapters. The fund is run by a board of 3 to 10 members, appointed by the general assembly for four years and subject to ministerial approval; the board may fill mid-term vacancies, and these changes must be published. The board must choose a chair and vice-chair from among its members, and the chair must convene the board when at least two directors request it. Le conseil d’administration prend ses décisions à la majorité absolue; en cas d’égalité, la voix du président compte davantage; les décisions doivent être consignées dans des procès-verbaux signés par le président et un administrateur. Le conseil d'administration a de larges pouvoirs pour gérer le Fonds et doit présenter les comptes et un rapport à l'assemblée générale ordinaire.