Earlier editions: 2020-112018-11
DIVISION 3. VESSELS 399-786›CHAPTER 1. Vessels Generally 399-449.5›ARTICLE 2. Liability, Generally 420-432
§ 430
California Harbors and Navigation Code · 2026 edition · updated 2026-10-04 · California
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.
(Enacted by Stats. 1937, Ch. 368.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code