§ 1–205
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 1-205 (2026)
Title 1. General Provisions
Subtitle 2. General Definitions and Principles of Interpretation
§ 1–205LinkCopy Citation
(a)
Whether a time for taking an action required by the Maryland 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.