§ 1985. — 1985. (Enacted by Stats. 1935, Ch. 145.)

California § 1985.

• Jurisdiction: 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. 5.: ARTICLE 5. Loss in Marine Insurance

Text

If an insurer refuses to accept a valid abandonment, he is liable as upon an actual total loss, after deducting from the amount of the loss any proceeds of the insured subject matter which have come to the hands of the insured.

Legislative History

Enacted by Stats. 1935, Ch. 145.