California Code
ARTICLE 5 - Loss in Marine Insurance
Section 1978.

1978. An abandonment is equivalent to a transfer to the insurer of the insured’s interest, with all the chances of recovery and indemnity.

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

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Structure California Code

California Code

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 1960.

Section 1961.

Section 1962.

Section 1963.

Section 1964.

Section 1965.

Section 1966.

Section 1967.

Section 1968.

Section 1969.

Section 1970.

Section 1971.

Section 1972.

Section 1973.

Section 1974.

Section 1975.

Section 1976.

Section 1977.

Section 1978.

Section 1979.

Section 1980.

Section 1981.

Section 1982.

Section 1983.

Section 1984.

Section 1985.

Section 1986.

Section 1987.

Section 1988.

Section 1989.

Section 1990.

Section 1991.

Section 1992.

Section 1993.

Section 1994.

Section 1995.

Section 1996.

Section 1997.