Statute · California Insurance Code

Cal. Ins. Code § 1984 — Loss in Marine Insurance

Cal. Ins. Code § 1984

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

On an accepted abandonment of a ship, freightage earned previous to the loss belongs to the insurer of the freightage; but freightage subsequently earned belongs to the insurer of the ship.

Citator

Cal. Ins. Code § 1984 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

On an accepted abandonment of a ship, freightage earned previous to the loss belongs to the insurer of the freightage; but freightage subsequently earned belongs to the insurer of the ship.