Interpretation of the CIRC Opinions on Standardising the Articles

September 10, 2008 | BY

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Charles Qin and Jennifer JiangLlinks Law [email protected], [email protected] Opinions on Standardizing the Articles of Association…

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Charles Qin and Jennifer Jiang

Llinks Law Offices

[email protected],[email protected]

The Opinions on Standardizing the Articles of Association of Insurance Companies (Opinions) are formulated by the China Insurance Regulatory Commission (CIRC) shall come into effect on October 1 2008.

The Articles of Associations Prevail in Case of Discrepancies with Shareholders' Agreements

The Opinions provide that where the rights and obligations