Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 1-205 — Reasonable Time; Seasonableness

N.Y. U.C.C. Law § 1-205

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

Section 1--205. Reasonable Time; Seasonableness.

Citator

N.Y. U.C.C. Law § 1-205 — Reasonable Time; Seasonableness is in force in the current edition of the Code, and nothing recorded condemns it.

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.