Reasonable time; season-ableness. (1) 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

ORS 71.2050 — under Chapter 71.

ORS 71.2050

(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. [1961 c.726 §71.2050; 2009 c.181 §12]