Statute · California Insurance Code

Cal. Ins. Code § 1974 — Loss in Marine Insurance

Cal. Ins. Code § 1974

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

Where the information upon which an abandonment has been made proves incorrect, or the subject matter of insurance is so far restored when the abandonment is made that there is in fact no total loss, the abandonment is not effective.

Citator

Cal. Ins. Code § 1974 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

Where the information upon which an abandonment has been made proves incorrect, or the subject matter of insurance is so far restored when the abandonment is made that there is in fact no total loss, the abandonment is not effective.