Section 75-1-206 - PresumptionsWhenever 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.
Former § 75-1-206 [Codes, 1942, § 41A:1-206; Laws, 1966, ch. 316, § 1-206; Laws, 1996, ch. 468, § 54, eff. 7/1/1996] was repealed by Laws, 2010, ch. 506, § 3, eff. 7/1/2010. Present 75-1-206 is derived from former § 75-1-201(31) [Codes, 1942, § 41A:1-201; Laws, 1966, ch. 316, § 1-201; Laws, 1977, ch. 452, § 2; Laws, 1990, ch. 384, § 45; Laws, 1992, ch. 420, § 69; Laws, 1994, ch. 445, § 3; Laws, 2001, ch. 495, § 5; Laws, 2006, ch. 527, § 41; Laws, 2007, ch. 355, § 34; Laws, 2007, ch. 381, § 34, eff. 3/15/2007; repealed by Laws, 2010, ch. 506, § 44, eff. 7/1/2010] and was enacted by Laws, 2010, ch. 506, § 3, eff. 7/1/2010.