There is a newer version of the California Code
2016 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 1 - FIRE AND MARINE INSURANCE
CHAPTER 2 - The Fire Insurance Contract
ARTICLE 2 - Measure of Indemnity
Section 2053.
CA Ins Code § 2053 (2016) What's This?
2053. A clause shall be inserted in such a valued policy, stating substantially that the value of the insured s interest in the insured building or structure has been thus fixed.
(Enacted by Stats. 1935, Ch. 145.)
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