2006 Nebraska Revised Statutes - § 67-303 — Knowledge; notice; what constitutes.

Section 67-303
Knowledge; notice; what constitutes.

(1) A person has knowledge of a fact, within the meaning of the Uniform Partnership Act, not only when he or she has actual knowledge thereof and when he or she has knowledge of such other facts as in the circumstances show bad faith, but also when he or she has knowledge, or under the circumstances should have had knowledge, of such facts as give rise to a duty of inquiry, which inquiry, if made, would have disclosed the facts to him or her.

(2) A person has notice of a fact within the meaning of the act 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 communications, a written statement of the fact to such person or to a proper person at his or her place of business or residence.


Source:
    Laws 1943, c. 143, § 3, p. 487

    R.S.1943, § 67-303

    Laws 1996, LB 681, § 200

    Termination date January 1, 2001



~Reissue Revised Statutes of Nebraska

Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.