Minn. Stat. § 336.1-205

Current through 2024, c. 127
Section 336.1-205 - REASONABLE TIME; SEASONABLENESS
(a) Whether a time for taking an action required by the Uniform Commercial Code 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.

Minn. Stat. § 336.1-205

2004 c 162 art 1 s 14