California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 1. FIRE AND MARINE INSURANCE |
Chapter 1. The Marine Contract |
ARTICLE 2. Concealment and Representations—Rules Peculiar to Marine Insurance |
Section 1902.
Latest version.
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A person insured by a contract of marine insurance is presumed to have, at the time of insuring, knowledge of a prior loss, if the information might possibly have reached him in the usual mode of transmission and at the usual rate of communication.
(Enacted by Stats. 1935, Ch. 145.)