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  • PART I ADMINISTRATION OF THE GOVERNMENT
    (Chapters 1 through 182)
  • TITLE XV REGULATION OF TRADE
  • CHAPTER 106 UNIFORM COMMERCIAL CODE
  • ARTICLE 1 GENERAL PROVISIONS
  • Section 1-204 Time; Reasonable Time; “Seasonably”

Section 1-204. (1) Whenever this chapter requires any action to be taken within a reasonable time, any time which is not manifestly unreasonable may be fixed by agreement.

(2) What is a reasonable time for taking any action depends on the nature, purpose and circumstances of such action.

(3) An action is taken “seasonably” when it is taken at or within the time agreed or if no time is agreed at or within a reasonable time.