REASONABLE TIME; SEASONABLENESS
Known as the Uniform Commercial Code
The act spans §§ 1–12 (616 sections).
Applied in 2 court decisions — leading case Anadarko Petroleum Corp. v. Williams Alaska Petroleum, Inc. (2013)
Most recently applied in Anadarko Petroleum Corp. v. Williams Alaska Petroleum, Inc. (August 2013)
Amended by Acts 2003, 78th Leg., ch. 542, Sec. 1, eff
(a) Whether a time for taking an action required by this title 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.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.