State Act

1538

Section 1538. Definition of contract of insurance

Portuguese Civil Code, 1867

Act no. none printed (index gives 0)1867In forceGoa (State Act)

Article 1538 – Definition of contract of insurance - When the performance is in any case compulsory and certain for one of the parties and the other is only bound to perform or do some thing as compensation, upon a specific uncertain event, the aleatory contract is said to be risk or insurance.