Prohibition of insurance, capital-raising and savings schemes

Type

Decision

Number

44

Date of the text

21/02/1936

Official Gazette

published in 1936

Status today

In force as of 27/08/2026

Articles

3

What it provides

This decree empowers the High Commissioner to bar life-insurance and capital-accumulation or savings companies from offering or concluding subscription contracts in the mandated territories when their organization violates the law or public order or lacks adequate safeguards. It penalizes violators of such a ban with f

The full text

This act was published in the Lebanese Official Gazette in 1936. Its full text and the original scan are in the Gherbal National Gazette archive.