stipulation for safe return

stipulation for safe return
A bond given by one set of owners of a vessel in order to employ her when the others dissent, to secure the safe return of the vessel, or in case of her loss to pay to the dissenting owners the value of their shares. 48 Am J1st Ship § 102.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем решить контрольную работу

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