54 Risk of Loss Code

Code specifying where responsibility for risk of loss passes

Batch

Element Details

Type ID

LengthMin 2 / Max 2

Codes

<>IM
Shared Risk and Investor Markets
<>PP
Risk of Loss in Transit to Pool Point is Seller's
<>ZZ
Mutually Defined
<>BY
Risk of Loss in Transit to Destination is Buyer's
<>SE
Risk of Loss in Transit to Destination is Seller's
<>LR
Lender Risk
<>FE
Risk of Loss in Transit to Freight Equalization Point is Seller's
<>IR
Investor Risk
<>SR
Shared Risk and Lender Markets