California Insurance Code

§ 1978

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

INS § 1978Div. 2 · Part 1 · Ch. 1 · Art. 5

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

Legislative history

Enacted by Stats. 1935, Ch. 145.