ARTICLE 2. Parties to Contract: Mortgagor and Mortgagee

Article 2 enacted by Stats. 1935, Ch. 145.

§§ 170–172 · 3 sections

• § 170 Unless the policy otherwise provides, if a mortgagor of property effects insurance in his own name providing that the loss shall be payable to the mortgagee,…
• § 171 In case of such a provision or assignment, any act of the mortgagor, prior to the loss and which would otherwise avoid the insurance, will have the same…
• § 172 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…