Okla. Stat. tit. 12A, § 12A-7-203: Liability for nonreceipt or misdescription

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.