{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-2-205","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 2-205","heading":"Firm Offers","body":"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.","path":["Uniform Commercial Code Law","Article 2. Sales","Part 2. Form, Formation and Readjustment of Contract"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/2-205","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"ce66f8a3aaad1ca2e50983fef1ac2f38d3a5cd20efa8b0c058dd7f15dd35ca79","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-2-204","next":"us-ny/n.y.-uniform-commercial-code-law-2-206"},"notice":"GroundRules: Original legal text. Not legal advice."}