GEORGIA CODE (Last Updated: August 20, 2013) |
Title 11. COMMERCIAL CODE |
Article 1. GENERAL PROVISIONS |
Part 2. GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION |
Section 11-1-204. Time; reasonable time; "seasonably."
Latest version.
- (1) Whenever this title requires any action to be taken within a reasonable time, any time which is not manifestly unreasonable may be fixed by agreement.
(2) What is a reasonable time for taking any action depends on the nature, purpose, and circumstances of such action.
(3) An action is taken "seasonably" when it is taken at or within the time agreed or if no time is agreed at or within a reasonable time.
Code 1933, § 109A-1--204, enacted by Ga. L. 1962, p. 156, § 1.