GroundRules
18 GCA § 62506: How Values Ascertained.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 7 - Carriage
- Chapter 62: Carriage of Property
- ARTICLE 5: GENERAL AVERAGE
In estimating values for the purpose of a general average, the ship and appurtenances must be valued as at the end of the voyage, the freightage at one-half the amount due on delivery, and the cargo as at the time and place of its discharge, adding, in each case, the amount made good by contribution.
Collected 2026-09-27T03:59:28Z. Source file · JSON