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California Harbors and Navigation Code Section 458

Legal Research Home > California Laws > Harbors and Navigation Code > California Harbors and Navigation Code Section 458

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

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Last modified: February 22, 2013