California Insurance Code
§ 286
INS § 286Div. 1 · Part 1 · Ch. 2 · Art. 4
Statute text
View on leginfo.ca.govAn interest in property insured must exist when the insurance takes effect, and when the loss occurs, but need not exist in the meantime; an interest in the life or health of a person insured must exist when the insurance takes effect, but need not exist thereafter or when the loss occurs.
Legislative history
Amended by Stats. 1935, Ch. 308.