June 24, 2013
- 354 Shipping
- 354XII Wreck
- 354k213 k. Rights of Property.
Modern courts have rejected the maritime salvage law theory that title to property can never be lost and, instead, they apply the law of finds under the doctrine of “animus revertendi,” the owner has no intention of returning, and the property is considered the equivalent of a plant or a fish.
Chance v. Certain Artifacts Found and Salvaged from the Nashville, 606 F.Supp. 801 (S. D. Ga., 1984)