Statute · California Insurance Code
Cal. Ins. Code § 1985 — Loss in Marine Insurance
Cal. Ins. Code § 1985
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If an insurer refuses to accept a valid abandonment, he is liable as upon an actual total loss, after deducting from the amount of the loss any proceeds of the insured subject matter which have come to the hands of the insured.
Citator
Cal. Ins. Code § 1985 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
If an insurer refuses to accept a valid abandonment, he is liable as upon an actual total loss, after deducting from the amount of the loss any proceeds of the insured subject matter which have come to the hands of the insured.