Capacity to be insured

A.S.C.A. § 29.1521 — under Contract of Insurance.

A.S.C.A. § 29.1521

Except as provided in 29.1520 through 29.1527, any contingent or unknown event, whether past or future, which may damage any person having an insurable interest, or create a liability against him, may be insured against, subject to this title.

History: 1974, PL 13-58 § 1.