California Harbors and Navigation Code 834 – Without special authority a manager shall not borrow money or give up …
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Without special authority a manager shall not borrow money or give up the lien for freightage, or purchase a cargo, or bind the owners of the vessel to an insurance.
(Enacted by Stats. 1937, Ch. 368.)
Terms Used In California Harbors and Navigation Code 834
- Lien: A claim against real or personal property in satisfaction of a debt.
- Vessel: includes ships of all kinds, steamboats, steamships, canal boats, barges, sailing vessels, and every structure adapted to be navigated from place to place for the transportation of merchandise or persons. See California Harbors and Navigation Code 21