BlackletterCalifornia law

Insurance Code § 1885

ARTICLE 1. Insurable Interests Peculiar to Marine Insurance

Current as of September 28, 2026Ins. Code, § 1885Official source ↗

Enacted by Stats. 1935, Ch. 145.

In marine insurance, a person who has an interest in the thing from which profits are expected to proceed, has an insurable interest in the profits.