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California Harbors and Navigation Code

§ 452

HNC § 452Div. 3 · Ch. 2 · Art. 1
The master of a vessel may hypothecate it upon bottomry only for the purpose of procuring repairs or supplies which are necessary for accomplishing the objects of the voyage, or for securing the safety of the vessel.

Legislative history

Enacted by Stats. 1937, Ch. 368.

Source: California Harbors and Navigation Code § 452 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.