810 ILCS 5/1-205

810 ILCS 5/1-205
in effect
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(810 ILCS 5/1-205) (from Ch. 26, par. 1-205) Sec. 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. (Source: P.A. 95-895, eff. 1-1-09.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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