GroundRules
HNC § 455
Where this section sits in the code
- Harbors and Navigation Code - HNC
- DIVISION 3. VESSELS [399. - 786.]
- CHAPTER 2. Civil Actions and Liens [450. - 509.]
- ARTICLE 1. Bottomry [450. - 462.]
Upon a contract of bottomry, the parties may lawfully stipulate for a rate of interest higher than that allowed by the law upon other contracts. But a competent court may reduce the rate stipulated when it appears unjustifiable and exorbitant.
Collected 2026-09-14T05:56:33Z. Source file · JSON