47-1-205 - Reasonable time Seasonableness.
47-1-205. Reasonable time Seasonableness.
(a) Whether a time for taking an action required by this chapter and chapters 2-9 of 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.
[Acts 2008, ch. 930, § 1.]