# Alaska Stat. § 45.07.203: Liability for nonreceipt or misdescription

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.203

## Section

- **Citation:** Alaska Stat. § 45.07.203
- **Heading:** Liability for nonreceipt or misdescription
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 45 / Chapter 45.07 / Section 45.07.203

## Text

A party to or purchaser for value in good faith of a document of title, other than a bill of lading, that relies on 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, as in the case 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 words of similar import, if this indication is true; or

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

## Nearby sections

- [Alaska Stat. § 45.07.111 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.111.md)
- [Alaska Stat. § 45.07.112 Definitions and index of definitions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.112.md)
- [Alaska Stat. § 45.07.113 Relation of chapter to treaty or statute.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.113.md)
- [Alaska Stat. § 45.07.114 Negotiable and nonnegotiable document of title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.114.md)
- [Alaska Stat. § 45.07.115 Reissuance in alternative medium.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.115.md)
- [Alaska Stat. § 45.07.116 Control of electronic document of title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.116.md)
- [Alaska Stat. § 45.07.201 Person who may issue a warehouse receipt; storage under bond.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.201.md)
- [Alaska Stat. § 45.07.202 Form of warehouse receipt; effect of omission.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.202.md)
- [Alaska Stat. § 45.07.203 Liability for nonreceipt or misdescription.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.203.md)
- [Alaska Stat. § 45.07.204 Duty of care; contractual limitation of warehouse's liability.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.204.md)
- [Alaska Stat. § 45.07.205 Title under warehouse receipt defeated in certain cases.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.205.md)
- [Alaska Stat. § 45.07.206 Termination of storage at warehouse's option.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.206.md)
- [Alaska Stat. § 45.07.207 Goods must be kept separate; fungible goods.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.207.md)
- [Alaska Stat. § 45.07.208 Altered warehouse receipts.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.203. Check the current official text before relying on it. Not legal advice.