Statute · California Insurance Code
Cal. Ins. Code § 305 — Insurable Interest: Effect of Transfer
Cal. Ins. Code § 305
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the insurance and the subject matter insured.
Citator
Cal. Ins. Code § 305 — Insurable Interest: Effect of Transfer is in force in the current edition of the Code, and nothing recorded condemns it.
The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the insurance and the subject matter insured.