§12A-1-204.

§12A-1-204.
   
   (1) Whenever this act 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 "seasonably" when it is taken at or within the
   time agreed or if no time is agreed at or within a reasonable time.