Reasonable time for transmitting notice: recipient's transmission is timely if it matches the holder's notice timeframe. A recipient seeking to enforce against a prior party transmits a notice within a reasonable time if he transmits it within the same time after receipt that he would have had to give notice had he been the holder, thus equating the recipient's transmission period with the holder's notice timeframe.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reasonable time for transmitting notice: recipient's transmission is timely if it matches the holder's notice timeframe.
A recipient seeking to enforce against a prior party transmits a notice within a reasonable time if he transmits it within the same time after receipt that he would have had to give notice had he been the holder, thus equating the recipient's transmission period with the holder's notice timeframe.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.