California Statutes
§ 282. — 282. (Enacted by Stats. 1935, Ch. 145.)
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. 4. ARTICLE 4. Insurable Interest: Generally
An insurable interest in property may consist in:
1.An existing interest;
2.An inchoate interest founded on an existing interest; or,
3.An expectancy, coupled with an existing interest in that out of which the expectancy arises.
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California § 282. (282. (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.