Iowa Code » Chapter 554 — UNIFORM COMMERCIAL CODE
Iowa Code

Iowa Code § 554.1205 (2026)

Reasonable time — seasonableness

✓ current as of July 2026
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1. Whether a time for taking an action required by this chapter is reasonable depends on the nature, purpose, and circumstances of the action.

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. [S13, §3060-a193; C24, 27, 31, 35, 39, §9654, 9972; C46, 50, 54, 58, 62, §541.194, 554.44; C66, 71, 73, 75, 77, 79, 81, §554.1204] 2007 Acts, ch 41, §15, 52 CS2007, §554.1205 \n

Notes of Decisions
Cited in 17 cases, 1973–2005 · leading case: C-Thru Container Corp. v. Midland Mfg. Co., 533 N.W.2d 542 (Iowa 1995).
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C-Thru Container Corp. v. Midland Mfg. Co., 533 N.W.2d 542 (Iowa 1995). · cites it 6× “by course of dealing or usage of trade (section 554.1205) or by course of performance (section 554.”
Corenswet, Inc. v. Amana Refrigeration, Inc., 594 F.2d 129 (5th Cir. 1979). · cites it 3× “The district court did not expressly rely on record evidence concerning the parties’ understanding or the common understanding of the term “any reason” in concluding that the term means “something that appeals to the reason, to the mind”.”
Ralph's Distrib. Co., a Corp. v. Amf, Inc., a Corp., & Harley-Davidson Motor Co., Inc., a Corp., 667 F.2d 670 (8th Cir. 1981). · cites it 3× “Iowa Code §§ 554.1205 , .2202 & .2208. The trial court further found that even if Ralph’s proffered parol evidence is considered, no question of fact is raised as to the parties’ intention to include an exclusivity term.”
Lisbon Bank & Trust Co. v. Murray, 206 N.W.2d 96 (Iowa 1973). · cites it 4× “Section 554.1205(1), The Code, defines course of dealing as “a sequence of previous conduct between the parties * * * which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
St. Ansgar Mills, Inc. v. Streit, 613 N.W.2d 289 (Iowa 2000). · cites it 2× “2 (course of dealings, usage of trade or course of performance are material in determining a reasonable time).”
Citizens Sav. Bank v. Sac City State Bank, 315 N.W.2d 20 (Iowa 1982). “2d 96, 98 (Iowa 1973); see § 554.1205(1), The Code. But here there was no prior course of dealing to support a finding that Sac City authorized a bulk conveyance of business assets.”
Leonard Steinmetz & Adah Steinmetz & Winnebago Indus., Inc. v. The Bradbury Co., Inc., 618 F.2d 21 (8th Cir. 1980). · cites it 2× “” Iowa Code §§ 554.1205 , 2314(3) (UCC §§ 1-205, 2-314(3)).”
Humboldt Trust & Sav. Bank v. Entler, 349 N.W.2d 778 (Iowa Ct. App. 1984). · cites it 2× “1205(1) as “a sequence of previous conduct between the parties to a particular transaction which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Hedrick Sav. Bank v. Myers, 229 N.W.2d 252 (Iowa 1975). · cites it 2× “Plaintiff argues this finding is not only contrary to the evidence but is also violative of § 554.1205(4), which we set out in part: “(4) the express terms of an agreement and an applicable course of dealing or usage of trade shall be construed wherever reasonable as consistent…”
First Nat'l Bank of Oelwein v. Holtz (In Re Holtz), 62 B.R. 782 (Bankr. D. Iowa 1986). · cites it 2× “Iowa Code Section 554.1205(1) defines course of dealing as “a sequence of previous conduct between the parties to a particular transaction which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Froning's, Inc., an Iowa Corp. v. Johnston Feed Serv., Inc., a Delaware Corp., 568 F.2d 108 (8th Cir. 1978). “Iowa Code Ann. § 554.1205 (West 1967), however, establishes that a course of dealing between the parties can serve to supplement the terms of an agreement.”
Larsen v. Warrington, 348 N.W.2d 637 (Iowa Ct. App. 1984). · cites it 2× ““Course of dealing” is defined in Iowa Code section 554.1205(1) as “a sequence of previous conduct between the parties to a particular transaction which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Show all 17 citing cases →
Iowa Code § 554.1205(1): 7 cases
Lisbon Bank & Trust Co. v. Murray, 206 N.W.2d 96 (Iowa 1973). “Section 554.1205(1), The Code, defines course of dealing as “a sequence of previous conduct between the parties * * * which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Citizens Sav. Bank v. Sac City State Bank, 315 N.W.2d 20 (Iowa 1982). “2d 96, 98 (Iowa 1973); see § 554.1205(1), The Code. But here there was no prior course of dealing to support a finding that Sac City authorized a bulk conveyance of business assets.”
Humboldt Trust & Sav. Bank v. Entler, 349 N.W.2d 778 (Iowa Ct. App. 1984). “1205(1) as “a sequence of previous conduct between the parties to a particular transaction which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
First Nat'l Bank of Oelwein v. Holtz (In Re Holtz), 62 B.R. 782 (Bankr. D. Iowa 1986). “Iowa Code Section 554.1205(1) defines course of dealing as “a sequence of previous conduct between the parties to a particular transaction which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Larsen v. Warrington, 348 N.W.2d 637 (Iowa Ct. App. 1984). ““Course of dealing” is defined in Iowa Code section 554.1205(1) as “a sequence of previous conduct between the parties to a particular transaction which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Iowa Code § 554.1205(2): 1 case
C-Thru Container Corp. v. Midland Mfg. Co., 533 N.W.2d 542 (Iowa 1995). “by course of dealing or usage of trade (section 554.1205) or by course of performance (section 554.”
Iowa Code § 554.1205(3): 3 cases
C-Thru Container Corp. v. Midland Mfg. Co., 533 N.W.2d 542 (Iowa 1995). “by course of dealing or usage of trade (section 554.1205) or by course of performance (section 554.”
Lisbon Bank & Trust Co. v. Murray, 206 N.W.2d 96 (Iowa 1973). “Section 554.1205(1), The Code, defines course of dealing as “a sequence of previous conduct between the parties * * * which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Grace Label, Inc. v. Kliff, 355 F. Supp. 2d 965 (S.D. Iowa 2005).
Iowa Code § 554.1205(4): 3 cases
Hedrick Sav. Bank v. Myers, 229 N.W.2d 252 (Iowa 1975). “Plaintiff argues this finding is not only contrary to the evidence but is also violative of § 554.1205(4), which we set out in part: “(4) the express terms of an agreement and an applicable course of dealing or usage of trade shall be construed wherever reasonable as consistent…”
Lisbon Bank & Trust Co. v. Murray, 206 N.W.2d 96 (Iowa 1973). “Section 554.1205(1), The Code, defines course of dealing as “a sequence of previous conduct between the parties * * * which is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.”
Grace Label, Inc. v. Kliff, 355 F. Supp. 2d 965 (S.D. Iowa 2005).
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