{"code":"INS","codeName":"Insurance Code","section":"1979","citation":"Ins. Code, § 1979","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 5. Loss in Marine Insurance [1960. - 1997.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-1/article-5"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>Whenever a marine insurer pays for a loss as if it were an actual total loss, he is entitled to whatever remains of the subject matter insured, or its proceeds or salvage, to the same extent as in the case of a formal abandonment.</p>","text":"Whenever a marine insurer pays for a loss as if it were an actual total loss, he is entitled to whatever remains of the subject matter insured, or its proceeds or salvage, to the same extent as in the case of a formal abandonment.","otherVersions":[],"url":"https://blackletter.si/insurance-code/loss-in-marine-insurance-1979","source":"California Legislative Information bulk export (pubinfo)"}