Cal. Ins. Code § 1991

Current through the 2023 Legislative Session.
Section 1991 - Loss of profits conclusively presumed

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.

Ca. Ins. Code § 1991

Enacted by Stats. 1935, Ch. 145.