Statute · California Harbors and Navigation Code

Cal. Harb. & Nav. Code § 470 — Respondentia

Cal. Harb. & Nav. Code § 470

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

Respondentia is a contract by which all or part of a cargo is hypothecated as security for a loan, the repayment of which is dependent on maritime risks.

Citator

Cal. Harb. & Nav. Code § 470 — Respondentia is in force in the current edition of the Code, and nothing recorded condemns it.

Respondentia is a contract by which all or part of a cargo is hypothecated as security for a loan, the repayment of which is dependent on maritime risks.