California Insurance Code

§ 1991

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

INS § 1991Div. 2 · Part 1 · Ch. 1 · Art. 5

Statute text

View on leginfo.ca.gov

When profits are valued and insured by marine insurance, a loss of them is conclusively presumed from a loss of the property out of which they were expected to arise, and the valuation fixes their amount.

Legislative history

Enacted by Stats. 1935, Ch. 145.