{"data":{"id":"us-ky/krs-355.7-203","jurisdiction":"us-ky","citation":"KRS 355.7-203","heading":"Liability for nonreceipt or misdescription.","body":"A party to or purchaser for value in good faith of a document of title, other than a bill of\nlading, that relies upon the description of the goods in the document may recover from\nthe issuer damages caused by the nonreceipt or misdescription of the goods, except to the\nextent that:\n(1) The document conspicuously indicates that the issuer does not know whether all or\npart of the goods in fact were received or conform to the description, such as a case\nin which the description is in terms of marks or labels o r kind, quantity, or\ncondition, or the receipt or description is qualified by \"contents, condition, and\nquality unknown,\" \"said to contain,\" or words of similar import, if the indication is\ntrue; or\n(2) The party or purchaser otherwise has notice of the nonreceipt or misdescription.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40610","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:46Z","sha256":"0351896ae2dab4f9ae05300dd3b301164703fd3d6fb5a8fa564019121199f15f","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.7-202","next":"us-ky/krs-355.7-204"},"notice":"GroundRules: Original legal text. Not legal advice."}