139.300 Fungible goods bought under certificate commingled with goods bought otherwise. - Kentucky Statutes

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139.300 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
thereafter commingles these goods with other fungible goods not so purchased but of
such similarity that the identity of the constituent goods in the commingled mass cannot
be determined, sales from the mass of commingled goods shall be deemed to be sales of
the goods so purchased until a quantity of commingled goods equal to the quantity of
purchased goods so commingled has been sold. Effective: February 5, 1960
History: Created 1960 Ky. Acts ch. 5, Art. I, sec. 30, effective February 5, 1960.