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California Harbors and Navigation Code

§ 453

HNC § 453Div. 3 · Ch. 2 · Art. 1

Statute text

View on leginfo.ca.gov
The master of a vessel can hypothecate it upon bottomry only when he can not otherwise relieve the necessities of the vessel, and is unable to reach adequate funds of the owner, or to obtain any funds upon the personal credit of the owner, and when previous communication with the owner is precluded by the urgent necessity of the case.

Legislative history

Enacted by Stats. 1937, Ch. 368.

Source: California Harbors and Navigation Code § 453 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.