{"code":"INS","codeName":"Insurance Code","section":"305","citation":"Ins. Code, § 305","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>The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the insurance and the subject matter insured.</p>","text":"The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the insurance and the subject matter insured.","otherVersions":[],"url":"https://blackletter.si/insurance-code/insurable-interest-effect-of-transfer-305","source":"California Legislative Information bulk export (pubinfo)"}