Insurance Code - INS
DIVISION 2. CLASSES OF INSURANCE [1880 - 12880.6]
( Division 2 enacted by Stats. 1935, Ch. 145. ) PART 1. FIRE AND MARINE INSURANCE [1880 - 10108.1]
( Part 1 enacted by Stats. 1935, Ch. 145. ) CHAPTER 1. The Marine Contract [1880 - 2010]
( Chapter 1 enacted by Stats. 1935, Ch. 145. ) ARTICLE 5. Loss in Marine Insurance [1960 - 1997]
( Article 5 enacted by Stats. 1935, Ch. 145. ) 1989.
Where profits are separately insured in marine insurance, in case of loss the insured is entitled to recover that proportion of such profits which the value of the subject matter lost bears to the value of the whole.
(Enacted by Stats. 1935, Ch. 145.)