451. The owner of a vessel may hypothecate it or its freightage, upon bottomry, for any lawful purpose, and at any time and place.(Enacted by Stats. 1937, Ch. 368.)
California Legal Code
§ 451
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=HNC&division=3.&title=&part=&chapter=2.&article=1.· Version 2026