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us-gu · Through P.L. 38-133 (June 4, 2026)

18 GCA § 37109: When to be Repaid.

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Where this section sits in the code
  1. Title 18: Business Structure and Function
  2. Division 2 - Commercial and Business Obligations
  3. Part 2 - Liens
  4. Chapter 37: Bottomry

In case of a total loss of the thing hypothecated, from a risk to which the loan was subject, the lender upon bottomry can recover nothing; in case of a partial loss, he can recover only to the extent of the net value to the owner of the part saved.

Collected 2026-09-27T03:56:38Z. Source file · JSON

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