18 GCA § 37103

When Master may Hypothecate

Guam Code AnnotatedTitle 18 — Business Structure and Function

The master of a ship may hypothecate it upon bottomry only for the purpose of procuring repairs or supplies which are necessary for accommodating the objects of the voyage, or of securing the safety of the ship.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.