onecle - legal research

Court Opinions

State Laws

US Code

US Constitution

Time; Reasonable Time; Seasonably, Definition - Mich. Comp. Laws Section 440.1204

Legal Research Home > Michigan Lawyer > Uniform Commercial Code > Time; Reasonable Time; Seasonably, Definition - Mich. Comp. Laws Section 440.1204

Sponsored Links

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962


440.1204 Time; reasonable time; seasonably, definition.

Sec. 1204.

(1) Whenever this act requires any action to be taken within a reasonable time, any time which is not manifestly unreasonable may be fixed by agreement.

(2) What is a reasonable time for taking any action depends on the nature, purpose and circumstances of such action.

(3) An action is taken "seasonably" when it is taken at or within the time agreed or if no time is agreed at or within a reasonable time.


History: 1962, Act 174, Eff. Jan. 1, 1964

Section:  Previous  440.1104  440.1105  440.1106  440.1107  440.1201  440.1202  440.1203  440.1204  440.1205  440.1206  440.1207  440.1208  440.1209  440.1210  440.1211  Next

Last modified: January 1, 2008