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Spanish Commercial Code - Book III - Maritime Navigation and Trade - Title VII - Marine Insurance

SPANISH COMMERCIAL CODE Title VII Marine insurance § 1. General rules Section One. Scope Section 1158. Apply to the insurance referred to in this title, the provisions in Articles 512 and following up to 560, inclusive, except for those matters that the title regulate otherwise. Section 1159. The rules of this Title shall apply in the absence of the stipulations of the parties, except in matters in which the rule is expressly imperative. Section 1160. Marine insurance may cover: 1. O A ship or vessel, fittings, and fixed or moving objects, regardless of where they are even under construction; 2. ° Goods or any other kind of property which may suffer risks of maritime, river or lake; 3. ° The value of freight and disbursements incurred by those organizing an expedition at sea, or 4. ° The responsibility of a ship or other object, for damages that may result against third parties as a result of use or navigation. Section 1161. Generall...