Cal. Insurance Code § 1991

California · California Insurance Code · Status: effective

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Citation: Cal. Insurance Code § 1991, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/878960
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When profits are valued and insured by marine insurance, a loss of them is conclusively presumed from a loss of the property out of which they were expected to arise, and the valuation fixes their amount.