Cal. Ins. Code § 1970

Current through the 2023 Legislative Session.
Section 1970 - Abandonment in marine insurance

Abandonment, in marine insurance, is the act of the insured by which, after a constructive total loss, he declares the relinquishment to the insurer of the insured's interest in the subject matter.

Ca. Ins. Code § 1970

Enacted by Stats. 1935, Ch. 145.