A stipulation in a contract of bottomry, imposing any liability for the loan independent of the maritime risks, is void. SOURCE: CC § 3024.
Stipulation for Personal Liability Void
18 GCA § 37108 — under Bottomry.
18 GCA § 37108
18 GCA § 37108 — under Bottomry.
18 GCA § 37108
A stipulation in a contract of bottomry, imposing any liability for the loan independent of the maritime risks, is void. SOURCE: CC § 3024.