Home/California/Statutes/Code INS: Insurance Code - INS/Div. 2.: DIVISION 2. CLASSES OF INSURANCE/Part 1.: PART 1. FIRE AND MARINE INSURANCE/Ch. 1.: CHAPTER 1. The Marine Contract/Art. 1.: ARTICLE 1. Insurable Interests Peculiar to Marine Insurance/§ 1881.
California Statutes

§ 1881. — 1881. (Enacted by Stats. 1935, Ch. 145.)

California § 1881.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 1.PART 1. FIRE AND MARINE INSURANCE
Ch. 1.CHAPTER 1. The Marine Contract
Art. 1.ARTICLE 1. Insurable Interests Peculiar to Marine Insurance

This text of California § 1881. (1881. (Enacted by Stats. 1935, Ch. 145.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 1881. (2026).

Text

The insurable interest of the owner of a ship hypothecated by bottomry is only the excess of its value over the amount secured by bottomry.

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Legislative History

Enacted by Stats. 1935, Ch. 145.
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California § 1881., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1881..