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California Insurance Code

§ 484

INS § 484Div. 1 · Part 1 · Ch. 5

Statute text

View on leginfo.ca.gov
An acknowledgment in a policy of the receipt of premium is conclusive evidence of its payment, so far as to make the policy binding. Notwithstanding such acknowledgment, a policy may be canceled effective at such times as otherwise permitted by law for nonpayment of all or any portion of the premium which is actually unpaid if such cancellation right is reserved to the insurer in the policy.

Legislative history

Amended by Stats. 1969, Ch. 536.

Source: California Insurance Code § 484 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.