30-2-309. Absence of specific time provisions -- notice of termination. (1) The time for shipment or delivery or any other action under a contract if not provided in this chapter or agreed upon shall be a reasonable time.
(2) Where the contract provides for successive performances but is indefinite in duration it is valid for a reasonable time but unless otherwise agreed may be terminated at any time by either party.
(3) Termination of a contract by one party except on the happening of an agreed event requires that reasonable notification be received by the other party and an agreement dispensing with notification is invalid if its operation would be unconscionable.
History: En. Sec. 2-309, Ch. 264, L. 1963; R.C.M. 1947, 87A-2-309.
Structure Montana Code Annotated
Chapter 2. Uniform Commercial Code Sales
Part 3. General Obligation and Construction of Contract
30-2-301. General obligations of parties
30-2-302. Unconscionable contract or clause
30-2-303. Allocation or division of risks
30-2-304. Price payable in money, goods, realty, or otherwise
30-2-306. Output, requirements and exclusive dealings
30-2-307. Delivery in single lot or several lots
30-2-308. Absence of specified place for delivery
30-2-309. Absence of specific time provisions -- notice of termination
30-2-310. Open time for payment or running of credit -- authority to ship under reservation
30-2-311. Options and cooperation respecting performance
30-2-312. Warranty of title and against infringement -- buyer's obligation against infringement
30-2-313. Express warranties by affirmation, promise, description, sample
30-2-314. Implied warranty -- merchantability -- usage of trade
30-2-315. Implied warranty -- fitness for particular purpose
30-2-316. Exclusion or modification of warranties
30-2-317. Cumulation and conflict of warranties express or implied
30-2-318. Third-party beneficiaries of warranties express or implied
30-2-319. F.O.B. and F.A.S. terms
30-2-320. C.I.F. and C.&F. terms
30-2-323. Form of bill of lading required in overseas shipment -- "overseas"
30-2-324. "No arrival, no sale" term
30-2-325. "Letter of credit" term -- "confirmed credit"
30-2-326. Sale on approval and sale or return -- rights of creditors
30-2-327. Special incidents of sale on approval and sale or return