§ 31-2601.01. Kinds of insurance prohibited.

Current through October 23, 2012

No insurance shall be made by any person or persons, bodies politic or corporate, on any ship or ships, or on any goods, merchandise, or effects laden or to be laden on board of any ship or ships, interest or no interest, or without further proof of interest than the policy, or by way of gaming or wagering or without benefit of salvage to the insurer; and every such insurance shall be null and void to all intents and purposes.

                
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(Mar. 3, 1901, 31 Stat. 1294, ch. 854, § 656.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 35-1432.

1973 Ed., § 35-1133.