Cal. INS § 1885
This is the official text of Cal. INS § 1885, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Official statutory text
In marine insurance, a person who has an interest in the thing from which profits are expected to proceed, has an insurable interest in the profits.
Status: in_force · Read it on the official government site
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