Section 55
SEC. 55. The mere transfer of a thing insured does no transfer the policy, but suspends it until the same person becomes the owner of both the policy and the thing insured.
Act No. 2427 Section 55
Act No. 2427 Section 55
Other provisions in CHAPTER I.—Insurance in general.
CitationAct No. 2427 Section 55 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
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