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2019 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 1 - FIRE AND MARINE INSURANCE
CHAPTER 1 - The Marine Contract
ARTICLE 5 - Loss in Marine Insurance
Section 1970.
Universal Citation:
CA Ins Code § 1970 (2019)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
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1970.
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.
(Enacted by Stats. 1935, Ch. 145.)
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