Section 1--205. Reasonable Time; Seasonableness.\n (a) Whether a time for taking an action required by this act is\nreasonable depends on the nature, purpose, and circumstances of the\naction.\n (b) An action is taken seasonably if it is taken at or within the time\nagreed or, if no time is agreed, at or within a reasonable time.\n
N.Y. U.C.C. 1-205
Reasonable Time; Seasonableness
Known as the Uniform Commercial Code
The act spans §§ 1-101 to 12-107 (253 sections).
2014-12-26
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.