§ 172. — 172. (Enacted by Stats. 1935, Ch. 145.)

California § 172.

• Jurisdiction: California
• Code INS: Insurance Code - INS
• Div. 1.: DIVISION 1. GENERAL RULES GOVERNING INSURANCE
• Part 1.: PART 1. THE CONTRACT
• Ch. 2.: CHAPTER 2. Parties, Events, and Interests
• Art. 2.: ARTICLE 2. Parties to Contract: Mortgagor and Mortgagee

Text

If an insurer assents to the transfer of insurance from a mortgagor to a mortgagee, and, at the time of the assent, imposes further obligations on the assignee, the acts of the mortgagor cannot affect the rights of the assignee.

Legislative History

Enacted by Stats. 1935, Ch. 145.