§ 305

Enacted by Stats. 1935, Ch. 145.

The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the insurance and the subject matter insured.

Other sections in Article 5 - Insurable Interest: Effect of Transfer

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.