The owner of a ship may hypothecate it or its freightage, upon bottomry, for any lawful purpose, and at any time and place. SOURCE: CC § 3018.
Who May Hypothecate Ship
18 GCA § 37102, under Bottomry.
18 GCA § 37102
18 GCA § 37102, under Bottomry.
18 GCA § 37102
The owner of a ship may hypothecate it or its freightage, upon bottomry, for any lawful purpose, and at any time and place. SOURCE: CC § 3018.
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