Statute · California Insurance Code

Cal. Ins. Code § 1978 — Loss in Marine Insurance

Cal. Ins. Code § 1978

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

An abandonment is equivalent to a transfer to the insurer of the insured’s interest, with all the chances of recovery and indemnity.

Citator

Cal. Ins. Code § 1978 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

An abandonment is equivalent to a transfer to the insurer of the insured’s interest, with all the chances of recovery and indemnity.