US lawCaliforniaStatutesCode insDivision 1Part 1Chapter 2Article 4283Cal. INS § 283Cal. INS § 283Last amended: 1935Year: 2025Length: 27 wordsOfficial source A mere contingent or expectant interest in anything, not founded on an actual right to the thing, nor upon any valid contract for it, is not insurable.PreviousCal. INS § 282NextCal. INS § 284