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DIVISION 3. VESSELS 399-786›CHAPTER 2. Civil Actions and Liens 450-509›ARTICLE 1. Bottomry 450-462

§ 450

California Harbors and Navigation Code · 2020-11 edition · updated 2026-10-04 · California

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.

(Enacted by Stats. 1937, Ch. 368.)

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California Harbors and Navigation Code

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