Nevada Statutes
§ 104.1205 — Reasonable time; seasonableness
Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· General Definitions and Principles of Interpretation
1.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.
2.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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Related
Sierra Diesel Injection Service v. Burroughs Corp.
651 F. Supp. 1371 (D. Nevada, 1987)
Sierra Diesel Injection Service, Inc. v. Burroughs Corporation, Inc.
874 F.2d 653 (Ninth Circuit, 1989)
Legislative History
(Added to NRS by 2005, 830 )
Nearby Sections
15
§ 104.1101
Short titles§ 104.1102
Scope of Article 1§ 104.1104
Construction against implied repeal§ 104.1105
Severability§ 104.1106
Use of singular and plural; gender§ 104.1201
General definitions§ 104.1202
Notice; knowledge§ 104.1204
Value§ 104.1205
Reasonable time; seasonableness§ 104.1206
Presumptions§ 104.1302
Variation by agreement