Virginia Decodedhttps://vacode.org3778928.1A-205Reasonable time; seasonableness2026Uniform Commercial Code — General ProvisionsGeneral Definitions and Principles of Interpretation

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.

1964, c. 219, § 8.1-204 (2)-(3); 2003, c. 353.