California · Harbors and Navigation Code - HNC
HNC §814: The master of a vessel may hypothecate the vessel, freightage, and cargo, and sell part of the cargo, in the cases prescribed by the articles on bottomry and respondentia, and in no others, except tha
What this law says, in plain English
A vessel master may pledge or sell the ship, freight, and cargo only in specific circumstances defined by bottomry and respondentia laws, with limited exceptions.
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