If a purchaser gives a certificate with respect to the purchase of fungible goods and thereafter commingles those 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.
KRS 139.440
Fungible goods bought under certificate commingled with goods bought otherwise
Known as the Uniform Sales and Use Tax Administration Act
The act spans §§ 139.010–139.990 (145 sections).
Effective: February 5, 1960 History: Created 1960 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.