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Book 2 · Law of obligations  ›  Chapter 1 · General provisions › Section 647a

Mortgage of the owner of a shipyard

The owner of a shipyard, for their claims in relation to the building or repair of a ship, may demand to be granted a ship mortgage for the ship under construction or the ship of the customer. Where the work has not yet been completed, the owner of a shipyard may demand to be granted a ship mortgage for the portion of the remuneration corresponding to the work performed and for the expenditures not included in the remuneration. Section 647 does not apply.

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