A change of interest in one or more of several distinct subjects, separately insured by one policy, does not avoid the insurance as to the others.
Cal. Ins. Code § 302
Insurable Interest: Effect of Transfer
Applied in 2 court decisions — leading case In Re Lauren P. (1996)
Most recently applied in 44 Cal. App. 4th 763 - Riverside County Department of Public Social Services v. Coralee T. (April 1996)
Enacted by Stats. 1935, Ch. 145.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.