§ 1989. — 1989. (Enacted by Stats. 1935, Ch. 145.)

California § 1989.

• 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

Where profits are separately insured in marine insurance, in case of loss the insured is entitled to recover that proportion of such profits which the value of the subject matter lost bears to the value of the whole.

Legislative History

Enacted by Stats. 1935, Ch. 145.