Nevada Code § 104.7203

Liability for nonreceipt or misdescription
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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 the indication is true; or
2. The party or purchaser otherwise has
notice of the nonreceipt or misdescription.

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