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2022 Iowa Code
Title XIII - COMMERCE
Chapter 554 - UNIFORM COMMERCIAL CODE
Section 554.1205 - Reasonable time — seasonableness.
Universal Citation: IA Code § 554.1205 (2022)
554.1205 Reasonable time — seasonableness.
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.
[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
CS2007, §554.1205
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