California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 1. THE CONTRACT |
Chapter 6. Loss |
ARTICLE 1. Transfer of Interest After Loss |
Section 520.
Latest version.
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An agreement not to transfer the claim of the insured against the insurer after a loss has happened, is void if made before the loss except as otherwise provided in Article 2 of Chapter 1 of Part 2 of Division 2 of this code.
(Amended by Stats. 1947, Ch. 904.)