California Insurance Code 1995 – In marine insurance, when an insured is required to make a …
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In marine insurance, when an insured is required to make a contribution in respect to the subject matter of insurance toward a general average loss, if the average was called for on a loss by a peril insured against, the insurer is liable for the insured’s loss through the contribution.
(Enacted by Stats. 1935, Ch. 145.)