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California Insurance Code

§ 305

INS § 305Div. 1 · Part 1 · Ch. 2 · Art. 5
The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the insurance and the subject matter insured.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 305 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.