INDIA CODE
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Section 26, Life Insurance Corporation Act, 1956 [S1D-MNG]

As at 7 September 2026. In force from 10 July 1956.

In Life Insurance Corporation Act, 1956 [A10-F46]. This text from 10 July 1956. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 26, Life Insurance Corporation Act, 1956 [S1D-MNG]. Machine: S1D-MNG.

26. Prohibition of the carrying on of insurance business without licence.—No person shall undertake the carrying on of insurance business except under and in accordance with the conditions of a licence granted under section 27: Provided that nothing in this section shall apply to the carrying on of insurance business undertaken by or on behalf of the Central Government or a State Government.

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Section 26, Life Insurance Corporation Act, 1956 [S1D-MNG]