American Samoa § 29.1581 - Contribution by insurers.
Full text of American Samoa American Samoa Code Annotated § 29.1581 — Contribution by insurers., with citation guidance and answers to common questions.
§ 29.1581. Contribution by insurers.
In case of double insurance, the several insurers are liable to pay losses thereon as follows: (a) In fire and miscellaneous insurance, each insurer shall contribute ratably without regard to the dates of the several policies. (b) In marine insurance, the liability of the several insurers for a total loss, whether actual or constructive, where the policies are not simultaneous, is in the order of the dates of the several policies. No liability attaches to a second or other subsequent policy, except as to the excess of the loss over the amount of all previous policies on the same interest. If 2 or more policies bear the same date, they are deemed to be simultaneous, and each insurer on simultaneous policies shall contribute ratably. The insolvency of any of the insurers does not affect the proportionate liability of the other insurers. All insurers on the same marine interest shall contribute ratably for a partial or average loss.
Frequently Asked Questions About American Samoa § 29.1581
What does American Samoa Code Annotated § 29.1581 cover?
Section 29.1581 ("Contribution by insurers.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 29.1581?
A common citation format is "American Samoa Code Annotated § 29.1581" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 29.1581 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.