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California Harbors and Navigation Code

§ 430

HNC § 430Div. 3 · Ch. 1 · Art. 2

Statute text

View on leginfo.ca.gov
In estimating values for the purpose of a general average, the vessel and appurtenances shall be valued as at the end of the voyage, the freightage at one-half the amount due on delivery, and the cargo as at the time and place of its discharge; adding, in each case, the amount made good by contribution.

Legislative history

Enacted by Stats. 1937, Ch. 368.

Source: California Harbors and Navigation Code § 430 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.