California Harbors and Navigation Code

§ 450

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

HNC § 450Div. 3 · Ch. 2 · Art. 1

Statute text

View on leginfo.ca.gov

Bottomry is a contract by which a vessel or its freightage is hypothecated as security for a loan, which is to be repaid only if the vessel survives a particular risk, voyage, or period.

Legislative history

Enacted by Stats. 1937, Ch. 368.