13 Guam Code Ann. § 1204
Current as of: 2023 | Check for updates
|
Other versions
COL070307
13 Guam Code Ann. UNIFORM COMMERCIAL CODE
DIV. 1 GENERAL PROVISIONS
13 Guam Code Ann. UNIFORM COMMERCIAL CODE
DIV. 1 GENERAL PROVISIONS
(1) Whenever this code 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 Aseasonably@ when it is taken at or within the time agreed or if no time is agreed at or within a reasonable time.