US lawCaliforniaStatutesCode insDivision 2Part 1Chapter 1Article 51978Cal. INS § 1978Cal. INS § 1978Last amended: 1935Year: 2025Length: 22 wordsOfficial source An abandonment is equivalent to a transfer to the insurer of the insured’s interest, with all the chances of recovery and indemnity.PreviousCal. INS § 1977NextCal. INS § 1979