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  • SECTION 1-204
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  • PART 2
    General Definitions and Principles of Interpretation
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  • SECTION 1-206
    Presumptions
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    SECTION 1-205

    Reasonable Time; Seasonableness

    Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 1, PART 2

    Section 1--205. Reasonable Time; Seasonableness.

    (a) Whether a time for taking an action required by this act is
    reasonable depends on the nature, purpose, and circumstances of the
    action.

    (b) An action is taken seasonably if it is taken at or within the time
    agreed or, if no time is agreed, at or within a reasonable time.