Statute · California Insurance Code
Cal. Ins. Code § 1970 — Loss in Marine Insurance
Cal. Ins. Code § 1970
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Abandonment, in marine insurance, is the act of the insured by which, after a constructive total loss, he declares the relinquishment to the insurer of the insured’s interest in the subject matter.
Citator
Cal. Ins. Code § 1970 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
Abandonment, in marine insurance, is the act of the insured by which, after a constructive total loss, he declares the relinquishment to the insurer of the insured’s interest in the subject matter.