Mich. Comp. Laws § 440.1205
Time for taking action.
Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective
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- Citation
- Mich. Comp. Laws § 440.1205, Time for taking action, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1361728
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Full text
(1) Whether a time for taking an action required by this act 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.