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Risk Of Loss-Date Or On Effecting Insurance Coverage
RISK OF LOSS-DATE OR ON EFFECTING INSURANCE COVERAGE
The risk of loss shall remain with seller (1) until [Date of change] or (2) until insurance coverage for the full value of the goods against loss from any cause during transportation is procured in favor of buyer by either seller or buyer from [Designated insurance company] or any other insurer acceptable to buyer.
This is a UCC form. It is intended
to be an addendum to other forms.