Cal. Ins. Code § 287 : CALIFORNIA INSURANCE CODE — GENERAL RULES GOVERNING INSURANCE — THE CONTRACT — PARTIES, EVENTS, AND INTERESTS — INSURABLE INTEREST: GENERALLY — Stipulation for payment of loss void

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Every stipulation in a policy of insurance for the payment of loss whether the person insured has or has not any interest in the property insured, or that the policy shall be received as proof of such interest, is void.

Ca. Ins. Code § 287

Enacted by Stats. 1935, Ch. 145.

Cal. Ins. Code § 287 : CALIFORNIA INSURANCE CODE — GENERAL RULES GOVERNING INSURANCE — THE CONTRACT — PARTIES, EVENTS, AND INTERESTS — INSURABLE INTEREST: GENERALLY — Stipulation for payment of loss void

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