30-1-204. Reasonable time -- seasonableness. (1) Whether a time for taking an action required by this 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.
History: En. Sec. 1-204, Ch. 264, L. 1963; R.C.M. 1947, 87A-1-204; amd. Sec. 5, Ch. 575, L. 2005.
Structure Montana Code Annotated
Chapter 1. Uniform Commercial Code General Provisions
Part 2. General Definitions and Principles of Interpretation
30-1-202. Prima facie evidence by third-party documents
30-1-203. Obligation of good faith
30-1-204. Reasonable time -- seasonableness
30-1-205. Course of performance, course of dealing, and usage of trade
30-1-207. Performance or acceptance under reservation of rights
30-1-208. Option to accelerate at will
30-1-209. Subordinated obligations