N.J. Stat. § 12A:1-206

Current through L. 2024, c. 62.

Section 12A:1-206 - Presumptions

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.

N.J.S. § 12A:1-206

Amended by L., c. 65,s. 1, eff. 7/1/2013.

Amended c. 252, s. 17; amended c. 117, s. 4, eff. June 26, 2001, op. July 1, 2001; amended c. 386, s. 130, eff. Jan. 8, 2002.

P.L. 2001, c. 386, s. 127 provides: "This act, P.L. 2001, c. 386, amends and supplements P.L. 2001, c. 117 and shall take effect immediately and shall be applied retroactively to July 1, 2001."