Section 1970.

CA Ins Code § 1970 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Abandonment, in marine insurance, is the act of the insured by which, after a constructive total loss, he declares the relinquishment to the insurer of the insured’s interest in the subject matter.

(Enacted by Stats. 1935, Ch. 145.)