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2025 California Code
Harbors and Navigation Code - HNC
DIVISION 3 - VESSELS
CHAPTER 2 - Civil Actions and Liens
ARTICLE 2 - Respondentia
Section 472.
Universal Citation:
CA Harb & Nav Code § 472 (2025)
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472. The master of a vessel may hypothecate its cargo upon respondentia only if all of the following conditions exist:
(a) He would be authorized to hypothecate the vessel and freightage.
(b) He is unable to borrow sufficient money on the vessel and freightage for repairs or supplies which are necessary for the successful accomplishment of the voyage.
(c) There is a reasonable prospect of benefiting the cargo.
(Enacted by Stats. 1937, Ch. 368.)
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