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California Code, Harbors and Navigation Code - HNC § 430

Current as of January 01, 2025 | Updated by Findlaw Staff

In estimating values for the purpose of a general average, the vessel and appurtenances shall 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.

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Cite this article: FindLaw.com - California Code, Harbors and Navigation Code - HNC § 430 - last updated January 01, 2025 | https://codes.findlaw.com/ca/harbors-and-navigation-code/hnc-sect-430/

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