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NRS 104.1205

Reasonable time; seasonableness

Known as the Uniform Commercial Code

The act spans §§ 104–104 (489 sections).

(Added to NRS by 2005, 830)

1. 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.

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.