California Insurance Code
§ 284
INS § 284Div. 1 · Part 1 · Ch. 2 · Art. 4
Statute text
View on leginfo.ca.govExcept in the case of a property held by the insured as a carrier or depositary, the measure of an insurable interest in property is the extent to which the insured might be damnified by loss or injury thereof.
Legislative history
Enacted by Stats. 1935, Ch. 145.