Indiana Statutes
§ 26-1-2-309 — Absence of specific time provisions; notice of termination
Indiana § 26-1-2-309
This text of Indiana § 26-1-2-309 (Absence of specific time provisions; notice of termination) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 26-1-2-309 (2026).
Text
(1)The time for shipment or delivery or
any other action under a contract, if not provided in IC 26-1-2 or agreed
upon, shall be a reasonable time.
(2)Where the contract provides for successive performances but is
indefinite in duration, it is valid for a reasonable time but unless
otherwise agreed may be terminated at any time by either party.
(3)Termination of a contract by one (1) party, except on the
happening of an agreed event, requires that reasonable notification be
received by the other party, and an agreement dispensing with
notification is invalid if its operation would be unconscionable.
Formerly: Acts 1963, c.317, s.2-309. As amended by
P.L.152-1986, SEC.132.
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Related
Communications Maintenance, Inc. v. Motorola, Inc.
761 F.2d 1202 (Seventh Circuit, 1985)
Monarch Beverage Co., Inc. v. Tyfield Importers, Inc.
823 F.2d 1187 (Seventh Circuit, 1987)
Luedtke Engineering Co., Inc. v. Indiana Limestone Co., Inc.
740 F.2d 598 (Seventh Circuit, 1984)
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
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Bluebook (online)
Indiana § 26-1-2-309, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-2-309.