{"code":"INS","codeName":"Insurance Code","section":"1881","citation":"Ins. Code, § 1881","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]","url":"https://blackletter.si/insurance-code/division-2/part-1"},{"name":"CHAPTER 1. The Marine Contract [1880. - 2010.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-1"},{"name":"ARTICLE 1. Insurable Interests Peculiar to Marine Insurance [1880. - 1886.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-1/article-1"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>The insurable interest of the owner of a ship hypothecated by bottomry is only the excess of its value over the amount secured by bottomry.</p>","text":"The insurable interest of the owner of a ship hypothecated by bottomry is only the excess of its value over the amount secured by bottomry.","otherVersions":[],"url":"https://blackletter.si/insurance-code/insurable-interests-peculiar-to-marine-insurance-1881","source":"California Legislative Information bulk export (pubinfo)"}