12A:7-203 - Liability for non-receipt or misdescription - New Jersey Statutes

12A:7-203.  Liability for non-receipt or misdescription
    A party to or purchaser for value in good faith of a document of title other  than a bill of lading relying in either case upon the description therein of  the goods may recover from the issuer damages caused by the non-receipt or  misdescription of the goods, except to the extent that the document  conspicuously indicates that the issuer does not know whether any part or all  of the goods in fact were received or conform to the description, as where 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 the like, if such indication be true, or the  party or purchaser otherwise has notice.

     L.1961, c. 120, s. 7-203.