State Codes and Statutes

Statutes > Kentucky > 139-00 > 440

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139.440 Fungible goods bought under certificate commingled with goods bought otherwise. If a purchaser gives a certificate with respect to the purchase of fungible goods and <br>thereafter commingles those goods with other fungible goods not so purchased but of <br>such similarity that the identity of the constituent goods in the commingled mass cannot <br>be determined, sales from the mass of commingled goods shall be deemed to be sales of <br>the goods so purchased until a quantity of commingled goods equal to the quantity of <br>purchased goods so commingled has been sold. Effective: February 5, 1960 <br>History: Created 1960 Ky. Acts ch. 5, Art. I, sec. 43, effective February 5, 1960.

State Codes and Statutes

Statutes > Kentucky > 139-00 > 440

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139.440 Fungible goods bought under certificate commingled with goods bought otherwise. If a purchaser gives a certificate with respect to the purchase of fungible goods and <br>thereafter commingles those goods with other fungible goods not so purchased but of <br>such similarity that the identity of the constituent goods in the commingled mass cannot <br>be determined, sales from the mass of commingled goods shall be deemed to be sales of <br>the goods so purchased until a quantity of commingled goods equal to the quantity of <br>purchased goods so commingled has been sold. Effective: February 5, 1960 <br>History: Created 1960 Ky. Acts ch. 5, Art. I, sec. 43, effective February 5, 1960.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 139-00 > 440

Download pdf
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139.440 Fungible goods bought under certificate commingled with goods bought otherwise. If a purchaser gives a certificate with respect to the purchase of fungible goods and <br>thereafter commingles those goods with other fungible goods not so purchased but of <br>such similarity that the identity of the constituent goods in the commingled mass cannot <br>be determined, sales from the mass of commingled goods shall be deemed to be sales of <br>the goods so purchased until a quantity of commingled goods equal to the quantity of <br>purchased goods so commingled has been sold. Effective: February 5, 1960 <br>History: Created 1960 Ky. Acts ch. 5, Art. I, sec. 43, effective February 5, 1960.