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.
(Enacted by Stats. 1937, Ch. 368.)
Harb. & Nav. Code § 470, under Respondentia.
Harb. & Nav. Code § 470
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.
(Enacted by Stats. 1937, Ch. 368.)