TITLE 6A
Uniform Commercial Code

CHAPTER 6A-2
Sales

PART 6A-2-201
Form, Formation and Readjustment of Contracts

SECTION 6A-2-205


§ 6A-2-205 Firm offers.

An offer by a merchant to buy or sell goods in a signed writing which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated, or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed three (3) months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

History of Section.
(P.L. 1960, ch. 147, § 1.)