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2011 Vermont Code
Title 09A Uniform Commercial Code
Article 1 General Provisions
§ 205 Reasonable time; seasonableness


9A VT Stats § 1-205. (2011 through Adj Sess) What's This?

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TITLE 9A

Uniform Commercial Code

ARTICLE I. General Provisions

PART 2

GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION

§ 1-205. Reasonable time; seasonableness

(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. (Amended 2007, No. 99 (Adj. Sess.), § 2.)

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