Insurance Code § 1902
‹ § 1901§ 1903 ›Open in browserleginfo ↗1902.
A person insured by a contract of marine insurance is presumed to have, at the time of insuring, knowledge of a prior loss, if the information might possibly have reached him in the usual mode of transmission and at the usual rate of communication.
(Enacted by Stats. 1935, Ch. 145.)