12 Del. C. § 1175
This is the official text of 12 Del. C. § 1175, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â 1175. Evidence of debt or undischarged obligation.
Official statutory text
(a) A record showing an unpaid debt or undischarged obligation is prima facie evidence of an obligation. In claiming property from a holder, the State Escheator’s burden of proof as to the existence and amount of the property and its abandonment is satisfied by showing evidence of the unpaid debt or undischarged obligation and passage of the requisite period of abandonment.
(b) A holder may overcome prima facie evidence under subsection (a) of this section by establishing by a preponderance of the evidence that 1 of the following occurred:
(1) A check, draft, or similar instrument was issued as an unaccepted offer in settlement of an unliquidated amount.
(2) A check, draft, or similar instrument was issued but later was replaced with another instrument because the earlier instrument was lost or contained an error that was corrected.
(3) A check, draft, or similar instrument was issued to a party affiliated with the issuer.
(4) A check, draft, or similar instrument was paid, satisfied, or discharged.
(5) A check, draft, or similar instrument was issued in error.
(6) A check, draft, or similar instrument was issued without consideration.
(b) A holder may overcome prima facie evidence under subsection (a) of this section by establishing by a preponderance of the evidence that 1 of the following occurred:
(1) A check, draft, or similar instrument was issued as an unaccepted offer in settlement of an unliquidated amount.
(2) A check, draft, or similar instrument was issued but later was replaced with another instrument because the earlier instrument was lost or contained an error that was corrected.
(3) A check, draft, or similar instrument was issued to a party affiliated with the issuer.
(4) A check, draft, or similar instrument was paid, satisfied, or discharged.
(5) A check, draft, or similar instrument was issued in error.
(6) A check, draft, or similar instrument was issued without consideration.
Status: in_force · Read it on the official government site
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