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California Insurance Code

§ 282

INS § 282Div. 1 · Part 1 · Ch. 2 · Art. 4

Statute text

View on leginfo.ca.gov
An insurable interest in property may consist in: 1. An existing interest; 2. An inchoate interest founded on an existing interest; or, 3. An expectancy, coupled with an existing interest in that out of which the expectancy arises.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 282 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.