Nev. Rev. Stat. » NRS: CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES
Nevada Revised Statutes

Nev. Rev. Stat. § 104.2309 (2026)

Absence of specific time for action or duration of contract; notice of termination

✓ current as of July 2026
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NRS 104.2309  Absence of specific time for action or duration of contract; notice of termination.

      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.

      (Added to NRS by 1965, 791)

     

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2025–2025 · leading case: Welk Biology Co., Ltd. v. Hakumo LLC (D. Nev. 2025).
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Welk Biology Co., Ltd. v. Hakumo LLC (D. Nev. 2025). · cites it 4× “1980) 18 (affirming under Nevada law the district court imputing into an oral distribution agreement that contained no duration or termination terms the provision that the oral contract was “terminable at 19 will after a reasonable period, upon reasonable notice”); NRS §…”
— Nev. Rev. Stat. § 104.2309(1) — 1 case
Welk Biology Co., Ltd. v. Hakumo LLC (D. Nev. 2025). “1980) 18 (affirming under Nevada law the district court imputing into an oral distribution agreement that contained no duration or termination terms the provision that the oral contract was “terminable at 19 will after a reasonable period, upon reasonable notice”); NRS §…”
— Nev. Rev. Stat. § 104.2309(2) — 1 case
Welk Biology Co., Ltd. v. Hakumo LLC (D. Nev. 2025). “1980) 18 (affirming under Nevada law the district court imputing into an oral distribution agreement that contained no duration or termination terms the provision that the oral contract was “terminable at 19 will after a reasonable period, upon reasonable notice”); NRS §…”
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