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Section: 400.002.0309 Absence of specific time provisions--notice of termination. RSMO 400.02-309


Published: 2015

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Missouri Revised Statutes













Chapter 400

Uniform Commercial Code

←400.02-308

Section 400.2-309.1

400.02-310→

August 28, 2015

Absence of specific time provisions--notice of termination.

400.2-309. (1) The time for shipment or delivery or any other action

under a contract if not provided in this article or agreed upon shall be a

reasonable time.



(2) Where the contract provides for successive performances but is

indefinite in duration it is valid for a reasonable time but unless otherwise

agreed may be terminated at any time by either party.



(3) Termination of a contract by one party except on the happening of an

agreed event requires that reasonable notification be received by the other

party and an agreement dispensing with notification is invalid if its

operation would be unconscionable.



(L. 1963 p. 503 § 2-309)







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