Insurance Law 3402 — Legislation
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SECTION 3401
Insurable interest in property
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ARTICLE 34
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SECTION 3404
Fire insurance contracts; standard policy provisions; permissible variations
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SECTION 3402
Executory contract not a change in interest, title or possession
Insurance (ISC) CHAPTER 28, ARTICLE 34
§ 3402. Executory contract not a change in interest, title or
possession. The making of a contract to sell or to exchange real
property shall not constitute a change in the interest, title or
possession, within the meaning of the applicable provisions of any
contract of fire insurance, including any contract supplemental thereto,
covering property located in this state.