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Cal. Harbors and Navigation Code § 450

Cal. Harbors and Navigation Code § 450

California · California Harbors and Navigation Code · Status: effective

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Cal. Harbors and Navigation Code § 450, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/855280
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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.