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.
Source:Laws 2005, LB 570, § 19.
Source: Former section 1-201(31).
Changes from former law: None, other than stylistic changes.
1. Several sections of the Uniform Commercial Code state that there is a "presumption" as to a certain fact, or that the fact is "presumed". This section, derived from the definition appearing in former section 1-201(31), indicates the effect of those provisions on the proof process.