BlackletterCalifornia law

Insurance Code § 172

ARTICLE 2. Parties to Contract: Mortgagor and Mortgagee

Current as of September 28, 2026Ins. Code, § 172Official source ↗

Enacted by Stats. 1935, Ch. 145.

If an insurer assents to the transfer of insurance from a mortgagor to a mortgagee, and, at the time of the assent, imposes further obligations on the assignee, the acts of the mortgagor cannot affect the rights of the assignee.