Insurance Code § 1881
‹ § 1880§ 1882 ›Open in browserleginfo ↗1881.
The insurable interest of the owner of a ship hypothecated by bottomry is only the excess of its value over the amount secured by bottomry.
(Enacted by Stats. 1935, Ch. 145.)
1881.
The insurable interest of the owner of a ship hypothecated by bottomry is only the excess of its value over the amount secured by bottomry.
(Enacted by Stats. 1935, Ch. 145.)