DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 1. THE CONTRACT 100-679.74›CHAPTER 2. Parties, Events, and Interests 150-305›ARTICLE 5. Insurable Interest: Effect of Transfer 300-305
§ 304
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
In the case of partners, joint owners, or owners in common, who are jointly insured, a transfer of interest by one to another thereof does not avoid insurance, even though it has been agreed that the insurance shall cease upon an alienation of the subject insured.
(Enacted by Stats. 1935, Ch. 145.)
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