California Statutes
§ 486. — 486. (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. 5. CHAPTER 5. The Premium
When an overinsurance is effected by simultaneous policies, the insurers contribute to the premium to be returned in proportion to the amount insured by their respective policies.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 486. (486. (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.