Statute · California Insurance Code

Cal. Ins. Code § 172 — Parties to Contract: Mortgagor and Mortgagee

Cal. Ins. Code § 172

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

If an insurer assents to the transfer of insurance from a mortgagor to a mortgagee, and, at the time of the assent, imposes further obligations on the assignee, the acts of the mortgagor cannot affect the rights of the assignee.

Citator

Cal. Ins. Code § 172 — Parties to Contract: Mortgagor and Mortgagee is in force in the current edition of the Code, and nothing recorded condemns it.

If an insurer assents to the transfer of insurance from a mortgagor to a mortgagee, and, at the time of the assent, imposes further obligations on the assignee, the acts of the mortgagor cannot affect the rights of the assignee.