{"code":"INS","codeName":"Insurance Code","section":"304","citation":"Ins. Code, § 304","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 1. THE CONTRACT [100. - 679.75.]","url":"https://blackletter.si/insurance-code/division-1/part-1"},{"name":"CHAPTER 2. Parties, Events, and Interests [150. - 305.]","url":"https://blackletter.si/insurance-code/division-1/part-1/chapter-2"},{"name":"ARTICLE 5. Insurable Interest: Effect of Transfer [300. - 305.]","url":"https://blackletter.si/insurance-code/division-1/part-1/chapter-2/article-5"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>In the case of partners, joint owners, or owners in common, who are jointly insured, a transfer of interest by one to another thereof does not avoid insurance, even though it has been agreed that the insurance shall cease upon an alienation of the subject insured.</p>","text":"In the case of partners, joint owners, or owners in common, who are jointly insured, a transfer of interest by one to another thereof does not avoid insurance, even though it has been agreed that the insurance shall cease upon an alienation of the subject insured.","otherVersions":[],"url":"https://blackletter.si/insurance-code/insurable-interest-effect-of-transfer-304","source":"California Legislative Information bulk export (pubinfo)"}