Pursuant to Cal. Harb. & Nav. Code § 6309.4, vessels’ without proof of valid insurance as required by this paragraph, may be assessed a fine of up to $150.00 for each month the vessel is without valid insurance. This fine is not an insurance policy and in no way insures the vessel, its owners, and assigns for any and all damages, if any.
Appears in 3 contracts
Sources: Berth License Agreement, Berth License Agreement, Berth License Agreement