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Section 147. If a marine insurer pays for a loss as if - Insurance Code (usually included in commercial codals)

Section 147. If a marine insurer pays for a loss as if of Insurance Code (usually included in commercial codals). Section 147. If a marine insurer pays for a loss as if it were an actual total loss, he is entitled to whatever may remain of the thing insured,

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Insurance Code (usually included in commercial codals)

Section 147. If a marine insurer pays for a loss as if it were an actual total loss, he is entitled to whatever may remain of the thing insured, or its proceeds or salvage, as if there had been a formal abandonment.

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