38 §162. Charterer deemed owner; responsibility to real owner

Title 38: WATERS AND NAVIGATION

Chapter 1: OPERATION OF VESSELS

Subchapter 5: SHIP OWNERS

§162. Charterer deemed owner; responsibility to real owner

For the purposes of section 161 the charterer of any vessel, navigating the same at his own expense, shall be deemed the owner. If loss happens to any person from the causes therein mentioned and it is compensated from the freight or vessel, the owner thereof may recover the amount from the charterer.