13 Pennsylvania Consolidated Statutes Chapter 12 - General Definitions And Principles Of Interpretation

  • Chapter Notes
  • Section 1201 - General Definitions
    (a) Definition provisions.--Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other divisions of...
  • Section 1202 - Notice; Knowledge
    (a) Notice.--Subject to subsection (f), a person has notice of a fact if the person: (1) has actual knowledge of it; (2) has received...
  • Section 1203 - Lease Distinguished From Security Interest
    (a) Factual determination.--Whether a transaction in the form of a lease creates a lease or security interest is determined by the facts of each...
  • Section 1204 - Value
    Except as otherwise provided in Divisions 3 (relating to negotiable instruments), 4 (relating to bank deposits and collections) and 5 (relating to letters of...
  • Section 1205 - Reasonable Time; Seasonableness
    (a) Reasonable time.--Whether a time for taking an action required by this title is reasonable depends on the nature, purpose and circumstances of the...
  • Section 1206 - Presumptions
    Whenever this title creates a "presumption" with respect to a fact or provides that a fact is "presumed," the trier of fact must find...

Last modified: October 8, 2016