Statute · California Harbors and Navigation Code

Cal. Harb. & Nav. Code § 459 — Bottomry

Cal. Harb. & Nav. Code § 459

Type
Statute
Source
California Harbors and Navigation Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Unless it is otherwise expressly agreed, a bottomry loan becomes due immediately upon the termination of the risk, although a term of credit is specified in the contract.

Citator

Cal. Harb. & Nav. Code § 459 — Bottomry is in force in the current edition of the Code, and nothing recorded condemns it.

Unless it is otherwise expressly agreed, a bottomry loan becomes due immediately upon the termination of the risk, although a term of credit is specified in the contract.