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California Insurance Code

§ 281

INS § 281Div. 1 · Part 1 · Ch. 2 · Art. 4
Every interest in property, or any relation thereto, or liability in respect thereof, of such a nature that a contemplated peril might directly damnify the insured, is an insurable interest.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 281 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.