Reasonable time — seasonableness
Known as the Uniform Commercial Code
The act spans §§ 554–554 (631 sections).
[S13, §3060-a193; C24, 27, 31, 35, 39, §9654, 9972; C46, 50, 54, 58, 62, §541.194, 554.44; C66, 71, 73, 75, 77, 79, 81, §554.1204] 2007 Acts, ch 41, §15, 52
1. Whether a time for taking an action required by this chapter is reasonable depends on the nature, purpose, and circumstances of the action.
2. 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.
CS2007, §554.1205
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.