COL070307
(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.