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Texas Business & Commerce Code

§ 2.309 — ABSENCE OF SPECIFIC TIME PROVISIONS; NOTICE OF TERMINATION

BC § 2.309Title 1. UNIFORM COMMERCIAL CODE · Ch. 2. SALES · Art. C. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT

Statute text

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(a)The time for shipment or delivery or any other action under a contract if not provided in this chapter or agreed upon shall be a reasonable time.
(b)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.
(c)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.

Legislative history

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.

Source: Texas Business & Commerce Code § 2.309 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.