California Statutes
§ 283. — 283. (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
A mere contingent or expectant interest in anything, not founded on an actual right to the thing, nor upon any valid contract for it, is not insurable.
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California § 283. (283. (Enacted by Stats. 1935, Ch. 145.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
Enacted by Stats. 1935, Ch. 145.