Alabama Statutes
§ 7-1-205 — Reasonable Time; Seasonableness
Alabama·Title 7 Commercial Code·Art. 1 General Provisions·Part 2 General Definitions and Principles of Interpretation
(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.
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Legislative History
(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-524, p. 1070, §§1, 3; current section added by Act 2004-524, p. 1070, §1.)
Nearby Sections
15
§ 7-1-101
Short Titles§ 7-1-102
Scope of Article§ 7-1-104
Construction Against Implied Repeal§ 7-1-105
Severability§ 7-1-106
Use of Singular and Plural; Gender§ 7-1-107
Section Captions§ 7-1-109
Section Captions§ 7-1-201
General Definitions§ 7-1-202
Notice; Knowledge§ 7-1-204
Value§ 7-1-205
Reasonable Time; Seasonableness§ 7-1-206
Presumptions