Illinois Statutes
§ 1-205 — Reasonable time; seasonableness
Illinois § 1-205
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 810COMMERCIAL CODE
Act 810 ILCS 5/Uniform Commercial Code.
Art.Article 1 - General Provisions
This text of Illinois § 1-205 (Reasonable time; seasonableness) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
810 Ill. Comp. Stat. 1-205 (2026).
Text
(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.
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Legislative History
(Source: P.A. 95-895, eff. 1-1-09.)
Nearby Sections
15
§ 1-101
Short Titles§ 1-102
Scope of Article§ 1-103
§ 1-103§ 1-104a
Legislative Intent§ 1-105
Severability§ 1-107
Section captions§ 1-108
§ 1-108§ 1-109
(Blank)§ 1-201
General definitions§ 1-202
Notice; knowledge§ 1-204
ValueCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/810/1-205.