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(ASC X12) 54 Risk of Loss Code


Code specifying where responsibility for risk of loss passes


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

Appears in

FOBF.O.B. Related Instructions
LUCLoan Underwriting
Review post

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