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Cal. Harbors and Navigation Code § 458

Cal. Harbors and Navigation Code § 458

California · California Harbors and Navigation Code · Status: effective

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Cal. Harbors and Navigation Code § 458, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/855288
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If there is a total loss of the thing hypothecated, from a risk to which the loan was subject, the lender upon bottomry can recover nothing; if a partial loss, he can recover only to the extent of the net value to the owner of the part saved.