California Statutes
§ 1881. — 1881. (Enacted by Stats. 1935, Ch. 145.)
California·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
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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California § 1881. (1881. (Enacted by Stats. 1935, Ch. 145.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1935, Ch. 145.