Cal. Harb. and Nav. Code § 430
Current through the 2023 Legislative Session.
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.
Ca. Harb. and Nav. Code § 430