Reasonable time; seasonableness
Known as the Uniform Commercial Code
The act spans §§ 12A:1-101 to 12A:9-809 (506 sections).
L.2013, c.65, s.1.
Reasonable Time; Seasonableness.
a. Whether a time for taking an action required by the Uniform Commercial Code 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.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.