Public-domain · open source
OpenJurist

Cal. Ins. Code § 303

Insurable Interest: Effect of Transfer

Enacted by Stats. 1935, Ch. 145.

A change of interest by will or succession, on the death of the insured, does not avoid insurance; and his interest in the insurance passes to the person taking his interest in the subject matter insured.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.