Harbors and Navigation Code § 451
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The owner of a vessel may hypothecate it or its freightage, upon bottomry, for any lawful purpose, and at any time and place.
(Enacted by Stats. 1937, Ch. 368.)
451.
The owner of a vessel may hypothecate it or its freightage, upon bottomry, for any lawful purpose, and at any time and place.
(Enacted by Stats. 1937, Ch. 368.)