Home/California/Statutes/Code HNC: Harbors and Navigation Code - HNC/Div. 3.: DIVISION 3. VESSELS/Ch. 2.: CHAPTER 2. Civil Actions and Liens/Art. 1.: ARTICLE 1. Bottomry/§ 455.
California Statutes

§ 455. — 455. (Enacted by Stats. 1937, Ch. 368.)

California § 455.
JurisdictionCalifornia
Code HNCHarbors and Navigation Code - HNC
Div. 3.DIVISION 3. VESSELS
Ch. 2.CHAPTER 2. Civil Actions and Liens
Art. 1.ARTICLE 1. Bottomry

This text of California § 455. (455. (Enacted by Stats. 1937, Ch. 368.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Harbors and Navigation Code - HNC Code § 455. (2026).

Text

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.

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Legislative History

Enacted by Stats. 1937, Ch. 368.
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California § 455., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HNC/455..