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  336.1-205 Reasonable time; seasonableness. 


    (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. 


    HIST: 2004 c 162 art 1 s 14

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Revisor of Statutes