N.Y. UCC Law § 2-205
This is the official text of N.Y. UCC Law § 2-205, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Firm Offers
Official statutory text
Section 2--205. Firm Offers.\n An offer by a merchant to buy or sell goods in a signed record which\nby its terms gives assurance that it will be held open is not revocable,\nfor lack of consideration, during the time stated or if no time is\nstated for a reasonable time, but in no event may such period of\nirrevocability exceed three months; but any such term of assurance on a\nform supplied by the offeree must be separately signed by the offeror.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.