Cal. Ins. Code § 334

Current through the 2023 Legislative Session.
Section 334 - Determination of materiality

Materiality is to be determined not by the event, but solely by the probable and reasonable influence of the facts upon the party to whom the communication is due, in forming his estimate of the disadvantages of the proposed contract, or in making his inquiries.

Ca. Ins. Code § 334

Enacted by Stats. 1935, Ch. 145.