ASC X12 004010

54 Risk of Loss Code
TYPE=ID MIN=2 MAX=2

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