California Insurance Code

§ 172

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 172Div. 1 · Part 1 · Ch. 2 · Art. 2

Statute text

View on leginfo.ca.gov

If an insurer assents to the transfer of insurance from a mortgagor to a mortgagee, and, at the time of the assent, imposes further obligations on the assignee, the acts of the mortgagor cannot affect the rights of the assignee.

Legislative history

Enacted by Stats. 1935, Ch. 145.