362.160 Interpretation of knowledge and notice.
107 words·~1 min read·
/ky/chapter-362/362-160A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A person has "knowledge" of a fact within the meaning of KRS 362.150 to 362.360
not only when he has actual knowledge thereof, but also when he has knowledge of
such other facts as in the circumstances shows bad faith.
(2)A person has "notice" of a fact within the meaning of KRS 362.150 to 362.360
when the person who claims the benefit of the notice:
(a)States the fact to such person; or
(b)Delivers through the mail, or by other means of communication, a written
statement of the fact to such person or to a proper person at his place of
business or residence.