2010 Georgia Code 11-7-203 Case Law
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One Click Case Law for § 11-7-203
O.C.G.A. § 11-7-202 <-- --> O.C.G.A. §11-7-204



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 7 - WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE
PART 2 - WAREHOUSE RECEIPTS: SPECIAL PROVISIONS
§ 11-7-203 - Liability for nonreceipt or misdescription

O.C.G.A. 11-7-203 (2010)
11-7-203. Liability for nonreceipt or misdescription


A party to or purchaser for value in good faith of a document of title, other than a bill of lading, that relies upon the description of the goods in the document may recover from the issuer damages caused by the nonreceipt or misdescription of the goods, except to the extent that:

(1) The document conspicuously indicates that the issuer does not know whether all or part of the goods in fact were received or conform to the description, such as a case in which the description is in terms of marks or labels or kind, quantity, or condition, or the receipt or description is qualified by "contents, condition, and quality unknown," "said to contain," or words of similar import, if such indication is true; or

(2) The party or purchaser otherwise has notice of the nonreceipt or misdescription.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com