(a) Whether a time for taking an action required by 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.
Structure Code of Alabama
Article 1 - General Provisions.
Part 2 - General Definitions and Principles of Interpretation.
Section 7-1-201 - General Definitions.
Section 7-1-202 - Notice; Knowledge.
Section 7-1-203 - Lease Distinguished From Security Interest.
Section 7-1-205 - Reasonable Time; Seasonableness.
Section 7-1-206 - Presumptions.
Section 7-1-207 - Performance or Acceptance Under Reservation of Rights.