Act No. 2427 Section 97

Section 97

SEC. 97. The interest mentioned in the last section exists, in the case of a charter party, when the ship has broken ground on the chartered voyage, and if a price is to be paid for the carriage of goods when they are actully on board, or there is some contract for putting them on board, and both ship and goods are ready for the specified voyage.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER II.—Marine insurance. →

Other provisions in CHAPTER II.—Marine insurance.

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 2427 Section 97 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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