Article 411. Transfer of the risk of accidental loss of goods of the Civil Code of the Republic of Kazakhstan
1. Unless otherwise provided by the contract of sale, the risk of accidental loss or accidental damage to the goods passes to the buyer from the moment when, in accordance with legislative acts or the contract, the seller is considered to have fulfilled his obligation to transfer the goods to the buyer.
2. The risk of accidental loss or accidental damage to the goods sold while in transit passes to the buyer from the moment of conclusion of the contract of sale, unless otherwise provided by the contract or business practices.
The condition of the contract that the risk of accidental loss or accidental damage to the goods passes to the buyer from the moment the goods are delivered to the first carrier may, at the request of the buyer, be declared invalid by a court if, at the time of conclusion of the contract, the seller knew or should have known that the goods were lost or damaged and did not inform the buyer about it.
President
Republic of Kazakhstan
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