Kentucky Statutes 355.1-206 – Presumptions
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Whenever the Uniform Commercial Code creates a “presumption” with respect to a fact, or provides that a fact is “presumed,” the trier of fact must find the existence of the fact unless and until evidence is introduced that supports a finding of its nonexistence.
Effective: July 12, 2006
History: Repealed and reenacted 2006 Ky. Acts ch. 242, sec. 14, effective July 12,
2006. — Amended 1996 Ky. Acts ch. 130, sec. 180, effective January 1, 1997. — Created 1958 Ky. Acts ch. 77, sec. 1-206, effective July 1, 1960.
Effective: July 12, 2006
Terms Used In Kentucky Statutes 355.1-206
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
History: Repealed and reenacted 2006 Ky. Acts ch. 242, sec. 14, effective July 12,
2006. — Amended 1996 Ky. Acts ch. 130, sec. 180, effective January 1, 1997. — Created 1958 Ky. Acts ch. 77, sec. 1-206, effective July 1, 1960.