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 5. Loss in Marine Insurance |
Section 1963.
Latest version.
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A constructive total loss is one which gives to a person insured a right to abandon, under section 1971.
(Enacted by Stats. 1935, Ch. 145.)