GroundRules
INS § 170
Where this section sits in the code
- Insurance Code - INS
- DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]
- PART 1. THE CONTRACT [100. - 679.75.]
- CHAPTER 2. Parties, Events, and Interests [150. - 305.]
- ARTICLE 2. Parties to Contract: Mortgagor and Mortgagee [170. - 172.]
Unless the policy otherwise provides, if a mortgagor of property effects insurance in his own name providing that the loss shall be payable to the mortgagee, or assigns a policy of insurance to a mortgagee, the insurance is deemed to be upon the interest of the mortgagor and the mortgagor does not cease to be a party to the original contract.
Collected 2026-09-14T05:56:33Z. Source file · JSON